People often start a business without the proper legal structure in place for appropriate operation and legal protection. The main purpose of a business entity is to protect individual officers and shareholders from liability. We will explain to you the various business entity options and provide advice tailored to your situation. Some of the legal entity choices we will guide you through include:
- Limited Liability Company (LLC);
- Limited Liability Partnership (LLP);
- Professional Corporation (PC);
- General Partnership;
- S Corporation; and
- Sole Proprietorship.
Each available business entity comes with its own strengths and weaknesses. It is important to get proper advice in order to make sure that the business entity you form is aligned with your needs and business objectives. Call us today to consult with an experienced business formation attorney.