Business Formation and Operations
Starting a new business is a daunting task, and it begins with the fundamental decision of which
form of entity best meets the business objectives of the client. A significant portion of business litigation results from entrepreneurs who did not seek or receive legal advice as they established their business. Today, most new businesses are commenced in the form of a limited liability company or corporation (IRS Subchapter S or C). Occasionally, a limited partnership is utilized. We assist our clients with critical decision by reviewing the advantages and disadvantages of each form of entity in light of the client’s proposed business. We then form the entity and assist in the post-organizational administrative and operational matters such as first shareholders meetings, buy-sell agreements and operating agreements.