WHAT IS THE RIGHT TYPE OF ENTITY FOR MY BUSINESS?
That all depends. The type of business, tax consequences, liability protections, and goals all impact what type of entity will provide your business with the ability to meet your goals. It is important to take the time to discuss what your business will be doing, how it will be doing it,...
ABOUT THE FAMILY BEHIND THIS FAMILY BUSINESS.
Our clients range from international and highly successful businesses to small start-ups to individuals. We treat our clients the way we would want to be treated – that your case is the most important case pending, because it is for you. We do not advertise. Our business come...
Steps to take to avoid veil-piercing claims against your business.
Earlier, we posted about what piercing the corporate/limited liability company (“LLC”) veil means. Today, we are providing tips to take to avoid veil piercing claims against your business. Piercing the corporate veil generally becomes an issue when the entity is being sued and the plaintif...
COMMON CAUSES OF LITIGATION BETWEEN OWNERS
The reasons triggering a dispute between owners are never the same. Having handled several member and shareholder litigations, none of the disputes started the same way or involved the exact same circumstances. There are, however, some common themes that often times lead to a dispute bet...
Calculating the value of your business when it comes time to part ways.
One of the hardest decisions a small business owner has to make is parting ways with the business they have dedicated blood, sweat, tears and treasure to build and/or grow. The difficulty of this decision is compounded if there is not an agreement with the other owners as to how to calculate a...
FORMING A BUSINESS: Starting with the basics
Often times a client will come to us with a type of business entity in mind that they want to form. Other times a client knows that they want to form a business entity, but has no idea what type to form. Complicating the determination is trying to look down the road months or years [&hel...
TO FORM OR NOT TO FORM A BUSINESS
Starting your own business and working for yourself can be one of the most rewarding professional experiences that you can have. Entrepreneurs know the undeniable feeling of glee in building something from scratch and bringing an idea in their head to fruition; whether that be offering services or...
GOVERNING DOCUMENTS FOR YOUR BUSINESS
We previously posted about the pitfalls of not having internal governing documents for your business or failing to follow such documents. But what is the internal governing document for your business? If you already formed your business, hopefully, you took the time and made the effort to prepar...