Starting and running a business is about far more than merely filing the necessary paperwork with the Massachusetts or New Hampshire Secretary of State’s Office. Whether you have an existing small business, are considering starting a new company, or own rental properties, it is important to consult with an experienced corporate attorney to provide guidance about liability protection, succession planning, and estate planning. We can help you choose the right entity for your needs, form the entity, plan for emergencies, plan for eventual succession, draft and review contracts, and provide assistance with many other needs that arise when owning a small business. This allows you to focus on what you do best—run your business!
You don’t have to, but you may want to! Most businesses fall under one of the following categories:
Creating a new entity for your business can provide you with valuable liability protection, allow for easier growth and transition of ownership of the business, and create alternative management options in the event of death or incapacity. A knowledgeable attorney can help you decide the type of entity that is right for you.
Whether you are forming a new entity or already have a successful business in place, a corporate attorney can help make sure your assets are protected. Consider the following scenarios:
These are just three examples of the many legal issues that can arise when it comes to choosing the right entity for your needs and managing your own business.
LLCs have become a popular choice in recent years for very good reasons. They are inexpensive and flexible entities that serve many useful purposes. Even if you do not have a traditional small business but instead own investment property that you rent out to tenants, an LLC can be an excellent vehicle to protect your other assets. Among other benefits, an LLC:
Running a business takes hard work and dedication. Don’t let a failure to consider the legal issues related to the business put your efforts at risk. We are here to help put your mind at ease and let you focus on doing what you love.