Are you starting a business? Is your business growing and you’re not sure if it’s structured properly? One of the most important decisions you’ll make when you start your company, is how to legally structure it. It determines how you’re taxed, your personal liability, how much paperwork will be involved, and how you can acquire capital. Some businesses forgo the expense of professional counsel at the beginning, only to find it cost them dearly later. The investment in good advice and proper structuring is important to the long term health of your company.
How We Deliver
The decision about which type of business entity you choose shouldn’t be taken lightly or made upon an assumption. Every business and its owner’s circumstances are unique and our experts will help you determine the right choice based upon liability, tax implications, future needs, administration requirements, cost, and more. We’ll help you identify other areas of concern, such as, “what happens to the business if one partner passes?” Many issues will be addressed during the development stage to ensure you get started out on the right footing. Once we’ve determined the appropriate business type, we’ll work with or recommend an attorney to draw up the legal documents.
How You’ll Benefit
- By having a clear understanding of your business structure, why it’s important, and how it will affect both your business, and you personally.
- Tax season won’t be a surprise
- Peace of mind knowing that you’ve considered the different risks and made a decision that’s right for you
- Poised for growth
