Guidance On Business Formation, Organization And Ongoing Governance
Starting and running a successful business requires skillfully addressing a number of legal considerations. At Neumann & Associates, Inc., our business lawyers devote much of their practice to helping clients get their businesses off the ground and successfully keep them going. We address the legal concerns from a business-savvy mindset, working closely with clients to develop a strategy that fits their unique goals and vision for their organization. We provide personalized attention, and our attorneys stay abreast of the latest developments and legal trends to ensure businesses continue to grow, expand and thrive.
Starting a business involves choosing a business entity. There are many choices:
- Corporations (including S-corps and C-corps)
- Limited partnerships (LPs)
- Limited liability partnerships (LLPs)
- Limited liability companies (LLCs)
- Sole proprietorships
- Nonprofit organizations
- Assumed name (DBA)
Choosing the right business structure at the outset will help you realize your goals faster while reducing your exposure to risk. Our lawyers can help you choose the right type of organization for your business based on your objectives and expectations. We can also assist you with financing matters.
Business operations will become more complex as your business changes and grows, so it is important to hire a lawyer from the beginning to prepare for legal issues that arise.
Once you have chosen a business entity, you will need to put the appropriate governing structure into place. Depending on the type of business entity, that might involve:
- Operating agreements
- Partnership agreements
- Shareholder agreements
- Conflicts of interest policies
- Leadership and management, including executives and boards of directors
It’s critical to lay the groundwork for success – and prevent costly disputes down the road – by having well-crafted corporate governance documents in place. Here, too, our attorneys can help you lay that foundation by providing skilled and experienced guidance from the start.
Legal Issues That Arise During Ongoing Business Operations
Established businesses face many legal issues throughout their lifetimes. Our lawyers can address any of these issues, including:
- Reorganization and restructuring
- Mergers, acquisitions and other business transactions
- Employment and human resources matters
- Intellectual property protection
- Risk management
- Data security
- And more
A Proactive Approach
We focus on a proactive approach, investing the time and effort upfront to help our clients reduce their risk of liability or litigation. We’re committed to helping clients make sound, informed decisions at the beginning to minimize risk later. Put simply, we empower our clients with the information they need to make wise decisions.
Frequently Asked Questions
Below are some common questions we receive from business owners and entrepreneurs.
I am starting a new business. Can you help me?
Yes, we would be happy to assist you with all aspects of business formation and organization. Our legal team can help you choose the right business entity, create bylaws and other governing documents, safeguard your intellectual property and provide guidance on other legal aspects of starting a business. Our goal is to help you start off on the strongest possible footing for success.
I am selling my business or merging it with another business. Can you help me?
Yes, we help business owners address all kinds of transactions, including mergers and acquisitions. We can represent you throughout the process, protecting your interests each step of the way.
Let Us Help Your Business Get Off The Ground And Thrive
At Neumann & Associates, we’re committed to helping you make your business dreams a reality. Contact us today to get in touch with our legal team to see how we can help your business thrive. You can also call us at 619-650-6774. We offer free initial consultations.