BUSINESS FORMATION
Business Structure Selection
Legal Structure Advice: Advise on the pros and cons of different business structures (e.g., sole proprietorship, partnership, LLC, corporation, S-corporation).
Risk and Liability Assessment: Assess potential risks and liabilities associated with each structure.
Tax Considerations: Evaluate tax implications of different business entities.
Future Growth Planning: Consider future growth and exit strategies in selecting a business structure.
Ownership and Control: Discuss ownership distribution and management control preferences.
Entity Formation and Registration
LLC Formation: Facilitate the formation of Limited Liability Companies (LLCs).
Corporation Formation: Assist with the formation of C-corporations and S-corporations.
Partnership Formation: Help establish general partnerships, limited partnerships (LPs), and limited liability partnerships (LLPs).
Non-Profit Formation: Guide the formation of non-profit organizations.
Professional Entities: Form professional corporations (PCs) and professional limited liability companies (PLLCs) for licensed professionals.
Name Availability Search and Registration
Name Search: Conduct a search to ensure the desired business name is available and not already in use.
Trademark Search: Perform a trademark search to avoid potential conflicts.
Name Reservation: Reserve the business name with the appropriate state agency.
DBA Registration: Register "Doing Business As" (DBA) names if operating under a name different from the legal entity name.
Filing of Legal Documents
Articles of Incorporation: Prepare and file Articles of Incorporation for corporations.
Articles of Organization: Prepare and file Articles of Organization for LLCs.
Partnership Agreements: Draft and file partnership agreements.
Initial Reports: File initial reports required by the state.
State-Specific Filings: Handle specific filing requirements based on the state of formation.
Employer Identification Number (EIN) Application
EIN Application Preparation: Complete and submit the EIN application (Form SS-4) to the IRS.
Expedited EIN Services: Provide expedited EIN application services.
EIN Updates: Assist in updating EIN information with the IRS as needed.
Operating Agreements and Bylaws
Operating Agreement Drafting: Draft operating agreements for LLCs to outline the management structure and operating procedures.
Bylaws Preparation: Prepare bylaws for corporations to govern internal management.
Member and Shareholder Agreements: Draft agreements to define the rights and responsibilities of members or shareholders.
Amendments and Updates: Assist in amending operating agreements or bylaws as needed.
Business Plan Development
Business Plan Writing: Help create detailed business plans including executive summaries, market analysis, and financial projections.
Strategic Planning: Provide strategic planning assistance to outline business goals and objectives.
Market Research: Conduct market research to support business plan development.
Financial Planning: Develop financial plans and budgets to support business operations.
Funding Proposals: Prepare proposals for securing funding from investors or lenders.
Compliance Guidance
Annual Reporting: Provide guidance on preparing and filing annual reports with the state.
Recordkeeping Requirements: Advise on necessary recordkeeping practices for compliance.
Registered Agent Services: Offer registered agent services to receive legal documents on behalf of the business.
Renewal Reminders: Provide reminders for license and permit renewals.
Regulatory Updates: Keep businesses informed of changes in regulations that may affect compliance.