LLC/Small Business Formation and Representation
Small businesses often face various obstacles for which they may require legal services. Business clients at times seek legal advice after they are presented with an issue that they now realize should have been reviewed by an attorney.
Small Business Formation
Choosing what type of business entity to form is vital when starting a business and can be a difficult decision and consideration of potential liability and tax issues must be addressed. The following is a list of business types that can be formed in New York and each of these entities serves a purpose with varying degrees of legal liabilities and tax consequences for the business owner.
- Sole Proprietorship (d/b/a)
- General Partnership
- Corporation – Sub-Chapter S Tax Designation (S-Corp)
- Limited Liability Company (LLC)
- Limited Liability Partnerships (LLP)
- Limited Partnerships (LP)
- Not-For-Profit Corporation
The following is a list of just some of the legal services provided with which small businesses often require the assistance of an attorney. It is important that contracts and/or agreements are specific to each business by planning for contingencies and protecting against potential liabilities. The Law Firm of Karl Frankovitch handles all matters related to small business such as, but not limited to the following:
- Contract Preparation
- Contract Review
- Shareholder Agreements
- Partnership Agreements
- Liquor Licensing
- Lease Negotiations
- Small Claim Defense
- Commercial Litigation
- Mechanics Liens
If you are in need of Business and Corporate Law help, please contact us today and put our legal team on your side!