The way in which choose to structure your business entity potentially affects every aspect of its operations. The Law Office of Paul F. D’Emilio, LLC has over two decades of experience helping developing companies decide whether they want to operate as a closely held business, limited liability company, partnership, or a corporation. We advise our clients about directors’ and officers’ liability, dissolution, franchising, reorganization, joint ventures, mergers, acquisitions, business successions, and shareholders’ rights. In addition, we assist our clients with the preparation of agreements, the sale and purchase of businesses, and debt collection.
There are many issues to consider before you structure your business – do not wait for a conflict to arise before establishing sound rules and procedures. Don’t wait another minute to put your business plan in writing.
If you and you do not spell out your rights and responsibilities in a written agreement, you may be ill-equipped to settle conflicts when they arise, and minor misunderstandings may erupt into full-blown disputes. In addition, without a written agreement saying otherwise, your state’s law may control many aspects of your business.
Don’t be tempted to leave the terms of your corporation or partnership up to state laws. Because they were designed as one-size-fits-all fallback rules, they may not be helpful in your individualized situation. It’s much better to put your business plan into a document that specifically sets out the goals and procedures of the business.
Call our office today for a free consultation on business organization. Let The Law Office of Paul F. D’Emilio, LLC put over twenty years of practicing business law to work for you.
Contact us today for a complimentary consultation.