Unlike most career lawyers, we bring a wealth of real-world perspective as principals of businesses. We understand key decision-makers’ perspectives and issues because we’ve held the same role. This makes us unique. Allow us to assist in the set-up and operation of your business.
We assist in selecting the jurisdiction (state) where the entity should be formed. Differing state laws may favor the selection of one jurisdiction over another, depending on the nature and ownership of the business and the location of business operations.
Our executive background is a key differentiator from most law practices. We assist with the establishment and continuation of effective day-to-day business practices, long-term plans, and general organizational structure. We can also advise on aspects like regular meetings and keeping minutes.
Assist in selecting an appropriate exit strategy for the principals. Every business owner, at some time, will want a retirement strategy to pass on the operations to a successor.
When more than one person shares ownership, exit strategies become even more important. One must think not only of ordinary retirement, but that the owners possibly may have a falling-out along the way, requiring one to buy out the other. The time to plan for this is during the formation. Setting up a well-thought-out buy-sell agreement is crucial.
Last, but by no means least, in a business set-up are the potential tax implications. We assist in the creation of operations, contract labor or employment relationships, or any other matter that could affect the business’ after-tax income.
