When setting up a business, new owners often overlook legal and tax ramifications as well as personal, financial, and business risks. An experienced business formation lawyer is critical to ensure that the business model, expansion plans and future financing are set up to the advantage and protection of the new business owner. A corporate governance lawyer can help you choose the best type of business structure – and that may not be “sole proprietor,” which could place other assets at risk.
- Set up a governance structure.
- Help ensure partners and stakeholders are aligned in their understanding of their roles.
- Draw up agreements to reduce the chance of misunderstandings or disputes.
- Structure financing options, tax filings, and required state documents to protect their families as well as the business.
Our knowledgeable business formation attorneys and corporate governance lawyers can ensure your business is set up to succeed.