What type of entity you should form depends on what type of business you will run, and how it may change in the future. Do you plan to have partners? Investors? Will you sell products? Will you own real estate? Will you lease real estate? Will you have employees? Independent contractors? What are the advantages of a limited liability company (LLC) compared to a corporation? Sometimes knowing what questions to ask at the beginning is half the battle. We help our clients choose the right business entity and guide them through the business formation process.
After choosing and forming an entity, we assist with drafting and documenting your entity’s governing documents, from simple operating agreements for single-owner entities, to complex partnership agreements among a group of sophisticated investors. As your business changes and evolves, we advise clients regarding recommended updates and amendments to governing documents.
Whether you are buying or selling a business, it’s important to know what questions to ask. As a buyer, you want to make sure that the business you are buying can support its claims of profitability with documentation. If you need a business loan, will you be able to obtain one based on the current financial information for the business? As a seller, you will want to make sure you are getting a fair price for your business. We work with a broad range of clients on a variety of business sales and purchases, from small local, businesses to larger ventures. Our business clients include entrepreneurs and start-up companies, service-based companies, real estate developers, investors and bed and breakfast owners.
Commercial leases involve multiple intricacies. We advise both landlords and tenants on commercial leases. For tenants, it is important to know exactly what you will need to pay. Will there be rent increases based on your sales? Will you share part of triple net or common area maintenance, and, if so, how is it calculated? How can you expect your costs to change over time? Landlords need to be protected in the event a tenant breaks the lease or stops paying rent. For both landlords and tenants, a detailed lease is critical to define the parties expectations going into the relationship in order to minimize the possibility for dispute and surprise during the course of the lease.
If you’re like many business owners, you are the heart and soul of your business. But what if you couldn’t be there? Planning in advance helps keep your business afloat in an emergency. We provide customized estate plans that include your business assets.
After choosing and forming an entity, we assist with drafting and documenting your entity’s governing documents, from simple operating agreements for single-owner entities, to complex partnership agreements among a group of sophisticated investors. As your business changes and evolves, we advise clients regarding recommended updates and amendments to governing documents.
What type of entity you should form depends on what type of business you will run, and how it may change in the future. Do you plan to have partners? Investors? Will you sell products? Will you own real estate? Will you lease real estate? Will you have employees? Independent contractors? What are the advantages of a limited liability company (LLC) compared to a corporation? Sometimes knowing what questions to ask at the beginning is half the battle. We help our clients choose the right business entity and guide them through the business formation process.
Whether you are buying or selling a business, it’s important to know what questions to ask. As a buyer, you want to make sure that the business you are buying can support its claims of profitability with documentation. If you need a business loan, will you be able to obtain one based on the current financial information for the business? As a seller, you will want to make sure you are getting a fair price for your business. We work with a broad range of clients on a variety of business sales and purchases, from small local, businesses to larger ventures. Our business clients include entrepreneurs and start-up companies, service-based companies, real estate developers, investors and bed and breakfast owners.
Commercial leases involve multiple intricacies. We advise both landlords and tenants on commercial leases. For tenants, it is important to know exactly what you will need to pay. Will there be rent increases based on your sales? Will you share part of triple net or common area maintenance, and, if so, how is it calculated? How can you expect your costs to change over time? Landlords need to be protected in the event a tenant breaks the lease or stops paying rent. For both landlords and tenants, a detailed lease is critical to define the parties expectations going into the relationship in order to minimize the possibility for dispute and surprise during the course of the lease.
If you’re like many business owners, you are the heart and soul of your business. But what if you couldn’t be there? Planning in advance helps keep your business afloat in an emergency. We provide customized estate plans that include your business assets.