Effective Start-Up Business Lawyer
What could be more exciting than launching a new business? And what could be more tedious than plowing through all the paperwork required to do so?
Don't let your business dreams die while you try to figure out how to form an LLC or whether you should organize as a closely held corporation or how you and your partner should run your new company. How you choose to set up your company can impact the amount of taxes you pay and the amount of liability you shoulder.
At Spadea Lignana, we work closely with small business owners, investors, and entrepreneurs in evaluating the options available when considering which business form works best for you.
Give your new business venture the best possible chance for success
Contact a start-up business lawyer at Spadea Lignana in Philadelphia, Pennsylvania today about structuring your business entity. Our attorneys have more than 25 years of experience in helping entrepreneurs achieve their business dreams.
At some point you will have to decide the form of your business organization. Depending upon the size and ownership of your company, you will have to choose whether to operate as a sole proprietorship, limited partnership, general partnership, limited liability company (LLC), corporation or other business entity. There are so many questions to consider when starting a new business:
- Should it be a sole proprietorship, a partnership, or a corporation?
- What is the difference between an S corporation and a C corporation?
- What business entity is best from a legal, tax, and liability standpoint?
- How can I protect my house and personal assets from exposure to liability?
- If I put in 70 percent of the investment in our partnership, will I get 70 percent of the profits?
- What do I need to do to properly maintain the entity?
Straight Talk and Straight Answers
We answer all your questions in plain English, not legalese. We work with you, your accountant, and your business partner(s), if any, to determine the most advantageous business entity for your specific situation.
Next, we form the entity and prepare all the accompanying paperwork, including a Minute Book, company seal, member or stock certificates, initial minutes and By-laws for a corporation, and an Operating Agreement for an LLC.
Ownership Agreements and By-laws
If you have partners, we will prepare the document defining the relationship among the partners and how the business should be run. If your relationship breaks down in the future, it is this document that will govern the rights of the owners and the outcome of your business. This document is crucial to clarify what happens in various contingencies; for example, if one of the partners dies, becomes disabled, retires, or leaves the business or if you wish to acquire a new partner. Let the knowledgeable and experienced attorneys at Spadea Lignana LLC guide you through this process.
Business formation is just one part of our transactional law practice. We can help new or fledgling companies answer many concerns, such as:
- What are the basic contracts that I will need with my customers and suppliers?
- What will I need to do when I hire employees?
- What are the concerns that I need to address when I find a suitable location for my business?
After your company is organized, we will provide ongoing legal assistance as needed to help it grow and prosper. We are here to help you through all the phases of your business life.
Pennsylvania Entity and Partnership Agreement Attorneys
If you are starting a business in Bucks County, Chester County, Delaware County, Montgomery County, or Philadelphia County, contact a business lawyer at Spadea Lignana LLC today.