Helping Business Startups Build Strong Foundations
When starting your own business, having an experienced law firm by your side gives you the best chance for long-term success. At Reznik Law Group, we can review your business plan to make sure you’ve addressed any legal concerns we identify before the formal process begins. We leverage our years of experience to provide clear, concise and easy-to-understand legal advice that helps you avoid delays and pitfalls. From start to finish, we will guide you through every step of the business formation process.
Factors In Choosing The Right Legal Entity For Your Business
After reviewing and finalizing your business plan, the first step in the legal formation of your company is to choose the legal entity that best suits you and your business needs. We start by determining the cost of your startup and how you are financing it, then assessing your risk tolerance and entrepreneurial ability. These decisions often hinge on your desire for control versus spreading responsibility and liability across a group of principals. We also look at your long-term goals for ownership and factor in the tax implications of each choice.
Next Steps In Forming Your Business
Once we determine the most appropriate business entity, we begin the formal creation of your corporate structure by taking action to help you in the following areas:
- Drafting and presenting articles of incorporation or organization
- Complying with all the applicable requirements to the state of incorporation or organization
- Drafting bylaws and agreements
- Drafting shareholders or member agreements
- Obtaining your Employer Identification Number (EIN)
- Obtaining local business licenses
- Registering your company’s trade name (DBA)
We make sure that all documents and contracts comply with applicable legal requirements and with the wishes of the owners. After the formation of your company, we can continue as your legal advisers on day-to-day operations and represent you should you encounter any type of business dispute.
For Help Getting Your Business Off The Ground, Contact Reznik Law Group
If you are ready or thinking of launching a new business, contact the San Diego business attorneys at Reznik Law Group to schedule a free 30-minute consultation to discuss your business. Call 619-350-8444 or fill out our online contact form.