All of us are affected by business law, for all of us interact with business on a daily basis. Many of us own businesses, and so federal and state laws affect us more than others.
You had reasons to start your business: to provide for your family, to provide a solution to a problem, to help society, or many other reasons. Complying with the laws provides important and strong structures that can help your business become profitable and thrive, and help you reach your goals.
Business Law Considerations
As you begin to develop your idea into a business, you need to understand business law and how it affects what your options are, their advantages and disadvantages, and their different functions. For example, each business entity requires different structures. A Limited Liability is governed by an Operating Agreement and ownership is through Membership Units or Interests. A Partnership is governed by a Partnership Agreement and owned through shares. A Corporation is governed by bylaws and is also owned through shares. Methods of government also vary between your several entity options. Limited Liability Companies and Partnership governance is relatively straightforward compared to the complexities involved with a corporation. These are just a few examples of the considerations that you will need to take into account as you develop your business.
How Can I Help You?
As a business law attorney, I can counsel with you to help you make the right legal decisions to help your business become profitable, from how to form your business, how to run your business, and ultimately, how to sell your business. Many small business owners own a job, not a business. I can help you structure your business and implement appropriate policies and procedures so that you come to truly own your business and find satisfaction in your business and other parts of life that are important to you.