Small Business Consulting
We take great pleasure in working with both individuals considering pursuing their dream – starting their very own business, as well as young businesses facing challenges on the road to growth, stability and profitability.
Start Ups
A first issue for all individuals starting a new business is choice of entity – the opportunity to consider governance issues and preferences, sources of financing and investors, management and tax matters. Considering these issues in a thoughtful, deliberate fashion can help to maximize your objectives while minimizing taxes and unnecessary costs at both the entity level and for the owners personally. While we use paralegals to assist us, we believe the initial meeting to discuss your objectives and review your options cannot be delegated; you will always meet with an experienced business attorney to discuss, review and plan for establishing your business entity. Anything short of good planning could jeopardize your business objectives.
Beyond Choice of Entity
Choice of entity is only the starting point for your new business. There may be leases to negotiate, both for premises and equipment, bank or other financing matters to resolve, a franchise agreement to pore through and dissect, employment and confidentiality agreements to consider, and more. The list of the myriad of issues which a new or existing business may, and likely will face, is long and varied. We bring a wide variety of background to counseling small business clients, allowing us to guide you through the maze of laws, regulations and issues in an economical manner. Our goals have never been, and will never be, a “one shot” representation. Our goal is to represent our business clients for the long term.
Established Companies
Once a new business is established, we continue to provide ongoing advice for the wide variety of legal issues which may be confronted by a growing business. Employment contracts and restrictive covenants, financing, corporate governance and shareholder agreements, including Buy-Sell Agreements which allow a company to remain “close” while providing liquidity to the owners, general contracts, acquisitions, mergers and divestitures, are just some of the issues a small business may need to address. Read more about our business services under Corporate Law.
This is a sampling of the small business law services provided to small- and medium-sized businesses:
- Asset Purchase Agreements
- Buy-Sell Agreements
- Capitalization Options
- “Choice of Entity” Considerations
- Contracts
- Covenants Not-to-Compete (Non-Competition Agreements)
- Employment Agreements
- Financing Options
- Initial Organizational Issues
- Leases
- Registered Agent Services
- Member/Shareholder Agreements
- Shareholder Disputes
- Tax Issues
Small Business Consulting Articles
Entrepreneurs of the Year—Day In and Day Out
Last week I had the distinct pleasure of accompanying one of our clients to Overland, Kansas for the Ernst & Young Entrepreneurs of the Year program for the Midwest region. It was a black tie affair, befitting the accomplishments of the all of the honorary...
Keeping Corporate Records: Is it Time to Prepare Minutes?
If you are an officer or director of a corporation or other business entity, you've undoubtedly been advised to maintain the corporate separateness of your business. If you haven't, let us so advise you now (January 16, 2006 Article and October 16, 2007 Article). One...
Property Ownership by Pass Through Entity
Despite the downturn in the economy, many individuals may see being a landlord as an easy money maker, but there are things that should be considered prior to entering into that first lease. One of the first considerations is whether the property should be owned in a...
Documenting Internal Loans May Prove Key for Companies
Recent news involving the Roberts Brothers and their companies, including the bankruptcy of one of them, centers in part around $800,000.00 in payments transferred from the bankrupt company to other Roberts’ companies. We do not represent the Roberts Companies, nor...