Legal Services for Entrepreneurs
Business Formation Expertise
Contracts & Operating Agreements
Contracts & Operating Agreements
Tailored legal guidance for startups.
Contracts & Operating Agreements
Contracts & Operating Agreements
Contracts & Operating Agreements
Contract Review and Drafting.
Compliance Assistance
Contracts & Operating Agreements
Compliance Assistance
Adherence to Federal, State and Local Laws.
Business Formation
Protecting a business begins with choosing the best legal structure. When forming a business, entrepreneurs can choose sole proprietorships, general partnerships, C-Corp, S-Corp, LLC, PA, 501(c)3, LLP...and several more legal forms of business. Each choice has legal advantages and disadvantages. Tax consequences will vary based upon the entrepreneur's decision, and some choices are riskier than others.
Risk to an entrepreneur's business, personal property and family can be limited when the correct choice is made. Well drafted operating agreements, bylaws, and other agreements should support the legal formation of a business to reduce the risks of disputes and lawsuits in the future.
Contracts
Good lawyers win lawsuits. Great lawyers prevent lawsuits. Disputes between parties can often be avoided when terms and conditions are expressly agreed upon in writing. Generally, an entrepreneur should not sign an important contract without having an attorney review it. Contract language is often written by lawyers for lawyers, which can be confusing to those without legal training.
Some words have unique meaning under the law. Plus, each state has its own statutory and common law rules for contracts. Sometimes a contract is literally not worth the paper upon which it is written. Therefore, it's essential that entrepreneurs view contract review and drafting as an investment not an expense.
Compliance for Entrepreneurs
Compliance law questions can range from zoning issues for a home-based business to federal and state securities regulations. From getting a license to operate a start-up to franchising a successful business. Simply stated, every small business must comply with state, federal and local laws. But how they comply will depend upon the particular business.
For example, compliance with some state and federal employment laws only apply to employers with a certain number of employees. An illegal action in some large businesses could be totally legal in a smaller business. Learning the rules is crucial to winning in the market. Often, entrepreneurs don't know a law exists until after they have violated it.