Starting a business or purchasing one is an exciting endeavor that requires proper planning and legal counsel to avoid future headaches and legal issues. This is the perfect time to contact Bolinger Law Firm in St. Louis – we can help you choose the correct liability limiting entity at the beginning, so you can avoid problems later.
When looking at entity formation, it is important to recognize and implement decisions based on an informed understanding of the potential tax, liability, insurance, and operations issues, so that your business starts with a solid foundation.
We will thoroughly explain the different formation entities and all that goes with them, and partner with you to give you far-reaching legal control. We also ensure the various city, state, and federal filings that are required for whichever entity you choose, are set up in accordance with the laws.
Additionally, when buying a business or starting one, it is important to institute a governing document that details the business’s operating and ownership structure. Adopting a governing document, such as corporate by-laws, a partnership agreement, or an operating agreement, enables the efficient operation of your business and details the relationships among the parties involved.
The utilization of a governing document provides structured decision-making and relief for grievances, while also specifying the rights and obligations of each party. Additionally, the governing documents serve as an agreement between the business participants regarding transfer of ownership, dissolution, division of profits and losses, and how the business is managed.
These documents, which leave nothing to chance or interpretation, are critical to your business running smoothly and for legal protection. As your St. Louis legal team, we will personally tailor your governing documents to fit your needs and accomplish your goals.
Whether you are just starting out in business or buying an existing business and need a formation document or entity review, we are passionate about and dedicated to protecting, defending and empowering you to achieve your business goals. To that end, we can assist you with commercial real estate transactions, contracts and negotiations, mergers and acquisitions, asset protection, estate planning, and litigation, and be your trusted legal partner for years to come.