Business Planning & Formation
Ephrata, Pennsylvania, Business Formation Lawyer
When you have a great business idea, or perhaps an enterprise that is growing by leaps and bounds, it is probably time to talk to an attorney experienced with business formation, business planning and structure.
I can help you with a fictitious name, a proprietorship, a partnership, or a more complex entity such as a corporation or limited liability company. I have decades of experience and can be of valuable assistance with all but the largest businesses.
To schedule an appointment at my Ephrata, Pennsylvania, office, contact me today.
How Can You Protect Personal Assets from Creditors if Things Don't Work Out?
Whether a business is in its infancy or is fully mature, a corporation or limited liability company is usually the best protection against business failure or breach of contract creditors. The important thing to remember is that the preferred entity must be in place before the business fails, the lease is signed, the loan taken or the contract inked.
What About Partners or Shareholders?
Although extremely important, asset protection is not the only issue that demands consideration. What about the possibility of adding additional owners? How can a business be passed to heirs without it having to be sold or broken into pieces? Is the founder's retirement or disability going to be the end of the business? Must the business be sold, or worse, shared with an angry spouse if one co-owner becomes divorced?
Experience You Can Trust
I have worked with business owners for 34 years to help them analyze their situations and needs, to choose the type of entity that is most suitable, and then to prepare and process the necessary legal documents.
It is my usual procedure to utilize the other members of a client's financial team such as an accountant and insurance agent, to insure that the preferred entity is appropriate from a tax perspective, and that the business assets are protected from the risks of hazard and negligence. When the owner has sufficient information from all of the relevant professionals, I will ensure that the preferred business entity is created.
If you would like to discuss business formation, incorporation, an LLC, or any other business related legal matter, please call 717-842-4467 or toll free 888-633-8853. I will be glad to discuss legal fees and costs when you call. If we cannot arrange an appointment during my business hours between 9:00 a.m. and 4:30 p.m., we can schedule an evening appointment.
