When you launch a new business venture, you have a host of issues vying for your attention. One of the most significant business and legal issues you face at the beginning of an entrepreneurial journey is the selection of your business form. You must consider asset and liability protection, tax impacts and operational requirements, as well as potential for a viable exit strategy. Advice from an experienced attorney can be invaluable as you make these significant business decisions.
The Business and Transactional Group at Lyons Gaddis can help you understand the benefits and limitations of your entity choices – whether you select a C-Corporation, S-Corporation, Limited Liability Company (LLC), Limited Liability Partnership (LLP) or some other business form. At Lyons Gaddis, our lawyers provide experienced representation and guidance in the selection of an appropriate business entity for individuals, partnerships and established business operations.
We have extensive experience as attorneys, counselors and as principals ourselves in a variety of business entity structures, including:
- Limited liability companies (LLC)
- Limited liability partnerships (LLP)
- Professional corporations (PC)
- Non-Profit corporations
- Sole proprietorships
Providing Legal Counsel for Day-to-Day Operations
Setting up the business is easy. The hard part is succeeding. Depending on your needs, we help generate legal documentation that includes shareholder, partnership and employment agreements. We assist family-owned companies with succession planning in order to make sure the business can continue to operate through changes in ownership. In addition, we provide ongoing legal counsel as needed for disputes that involve customers, vendors and employees, and we provide advice on tax problems and lawsuits that can threaten even the most successful of businesses. We can assist you with contracts, mergers, leases, sales, purchases and other transactions. We can act as your “outside in-house” counsel, advising you on a wide variety of business matters.