Business Formation

Going into business for yourself is a scary proposition. The amount of responsibility involved is something most people just can’t fathom. Once you’ve decided to do it, there are decisions to be made early on that make all the difference in the world. After all, if it’s worth doing, it’s worth doing right. Doing it right means having all of the information at your disposal. Having the right idea for your business is just the first step. Deciding which form to utilize in conducting your business is the next important step in the process.

• Do you just start doing business as a sole proprietor?
• Will there be other individuals involved as well?
• Should you consider a Corporation? LLC? Partnership?
• What happens if a co-owner should die, get divorced, go bankrupt?
• What about liability protection?
• Taxation?
• Control?

All of these questions need to be addressed in order to discover which form of doing business is right for you. There is no cookie-cutter approach to business formation. Every situation is different, and each client deserves the advice and information needed in order to start off on the right foot. Joe has advised and formed countless businesses from single individual companies to non-profit entities and complex professional arrangements such as law firms, medical practices, architects, and accountants.