Business Formation Attorney – Start Out on a Sound Legal Foundation
Variables like liability, taxes, investment and financing, company management, stakeholder relationships and a myriad of other issues relevant to your unique situation, all impact the final choice.
The business formation lawyers at Walsh Banks Law will work closely with you to determine which business entity is right for your situation; make sure it is properly setup and that founding / stakeholder agreements are fully documented.
The choices you make during the entity formation process will have long lasting implications that will impact your company’s entire life-cycle. Therefore, it is critical to work with an experienced business formation attorney who can provide guidance and assistance with key aspects of a new venture.
To discuss your options, and get help forming a new business entity give us a call and find out how our legal services can help start your new venture on a sound legal foundation (407) 259-2426 or Schedule a Consultation
We Provide Comprehensive Business Formation Services
Whether you are starting your first venture and looking for advice on entity choice, looking to have the formation documents for an active company reviewed, or looking to implement complex structures leveraging multiple business entities, we have the experience to help you accomplish your goals.
Our attorneys provide comprehensive business formation services including:
- Drafting or revising legal aspects of your business plan.
- Initial consultation describing the different business entities available in the state of Florida, and how they correspond to your objectives.
- Explain all tax, liability, and management issues relevant to each entity.
- Help you consider all factors and choose the right business structure to meet your needs.
- Draft and register all the necessary formation documentation, including tax forms; articles of incorporation, articles of organization, bylaws, joint venture and partnership agreements, etc.
- Draft founders agreements, shareholder agreements, buy-sell agreements, succession planning agreements, and policies that govern the roles of partners and investors.
- Help secure permits and licenses from local, state, and federal government.
- Drafting HR policies and employee handbook.
- Advising you on how to comply with regulations on payroll withholdings, benefits and workers’ compensation requirements.
- Complex business / corporate structures.
- Act as registered agent for your company.
Common Types of Business Structures
There are many different types of business entities to consider during the business formation process. Deciding which one is best for you depends on a wide array of factors. You must consider who will be involved with running the operation, and whether certain individuals will be limited to investing capital. It is also important to assess your short- and long-term goals, including business continuity into the distant future. Tax matters, agreements among owners, handling stock issues, and many other factors will also impact your decision-making in business formation.
We offer comprehensive services in connection with choosing, forming, and establishing a solid legal foundation for all types of business entities; including:
- Sole Proprietorship (DBA)
- Partnership (LP, GP)
- Limited Liability partnership (LLP)
- Family Limited Partnership (FLP)
- Limited Liability Company (LLC)
- Professional Associations (PA, PLLC)
- Non-Profits – 501(c)(3)
- Benefit Corporation
- Joint Venture
It can be overwhelming to decide which structure is the best fit for your new venture. Yet, it is one of the most important decisions you can make for the future success of your organization. A poor choice can open your company up to serious risks later, even when you think you are accounting for all potential contingencies. For more information checkout “How to Choose a Business Entity”
Should You Form Your Own Business Entity?
This is a common question posed by founders of a business, usually at a time when money is tight and all available funds are dedicated to making the organization successful. However, what many new owners do not realize is that success starts with the proper legal infrastructure. Unless you have the proper background, you may miss key issues that expose your venture to risk. The costs of litigation, regulatory non-compliance, and clearing up mistakes can be devastating.
Instead of seeing legal costs as a burden, a more accurate, practical view is to consider hiring a business formation attorney as an investment in your venture’s future. You cannot afford an incomplete organization process, insufficient documentation, or overlooked provisions in vital agreements. Even if errors do not immediately impact your company, they may in the future if you try to attract outside investment, want to sell, or develop a dispute with a stakeholder.
Though online incorporation services are attractive due to their low cost, you should bear in mind that these websites are not a substitute for advice from an experienced, licensed attorney. The money you save will be lost if you become embroiled in a lawsuit or dispute that result from an improper or incomplete business formation process.
If you have already started forming an entity, in Florida, it’s not too late to take advantage of the benefits that solid legal representation can offer. Our business organization attorneys at Walsh Banks Law have stepped in for many clients who have initiated the formation process but did not complete it.
We can also review your completed formation documents, offer recommendations where appropriate, and clear up any key errors. Though we cannot take responsibility for procedural issues or previously filed documents, our lawyers will obtain the most favorable outcome for your company to move forward on solid footing.
Why Work with Walsh Banks Law
With decades of experience representing organizations of all types in Central Florida, the business formation lawyers at Walsh Banks Law have extensive knowledge in federal, state, and local laws affecting your company. We take pride in being responsive to clients and taking a customized approach when assisting you.
Our attorneys are on top of all details, and we will never defer your calls, questions, or concerns to another member of our staff. Once your company is up and running, we are positioned to continue guiding you toward your short- and long-term objectives.
Though we are dedicated to helping you avoid future legal problems, disputes and conflicts can develop. Fortunately, our lawyers are also highly skilled at dispute resolution. Our goal would always be to identify and pursue non-litigation options, but we stand ready and willing to fight for you in court when necessary.
Discuss Your New Venture with an Experienced Business Formation Lawyer in Florida
Whether you are considering starting your own business or have already initiated the process, it is important to set the proper legal framework to get your venture on the path to success. For more information on your options and the services we offer, please call Walsh Banks Law at (407) 259-2426, or Email us using our Contact Form. We can set up a free consultation with one of our lawyers who can answer your questions, review your situation, and explain your legal options. We represent clients in Orlando, FL and throughout Central Florida, and we look forward to serving you.