BUSINESS FORMATION
When forming a business, there are many complex logistical tasks and procedures that must be completed in order for the business to run smoothly from a legal standpoint. You need someone knowledgeable in handling business law concerns that is ready to quickly and thoroughly aid in the formation of your business.
We take into account the big picture when examining your situation and generating viable options. We realize that establishing and planning for long term business objectives is important to the success of your business. Our attorneys work directly with you to understand the nature of your business and individual needs, offering practical guidelines and generating creative resolutions to your business issues.
If you are interested in forming a corporation, an LLC (limited liability company), LLP (limited liability partnership), general partnership, S-corporation, or have a business legal issue involving document drafting, operating agreements and procedure, contact our office to receive a consultation and honest assessment of your situation.
Legal Service for Business Entity Formation
At the Law Offices of Bita Hamidi, we will consider your new business formation from a comprehensive perspective. When advising you on the merits of each form of entity; partnership, limited partnership, sole proprietorship, S-corporation, C-corporation, or limited liability company (LLC), we not only address the issues required for start-up, but those which will protect your ability to operate smoothly and profitably throughout the years ahead.
Business Management Structures
Most state laws offer many business management structures that suit the uniqueness of the business. Common business management structures are:
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Sole Proprietors
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Partnerships
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Limited Partnerships
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Corporations
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Limited Liability Companies
Depending on the management structure of the business, certain managers or owners may be held liable for the credit problems, injury claims, and warranties of the business.
Starting a Business
Starting your own business is a great financial endeavor. When starting your own business, you should consider some of the following:
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What type of business do you want to engage in
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Whether to begin your own business or contract with a franchise company
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Where the business should be located
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Whether to buy or lease business space
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Your personal financial circumstances
Buying or Selling a Business
While purchasing an existing business may be beneficial since the business, lease, employees and customer base are already established, a buyer should consider the financial past and future of the existing business before making an offer.
After you have made the decision to sell or buy an existing business, you must be ready to commit some time to organizing all your financial documents and records. We invite you to contact our office to for a consultation and honest assessment of your situation.