Frequently Asked Questions
The choice of business entity should be done carefully. Many factors are considered, including tax obligations, the number of potential employees, whether the business will be operating in one state or several states, and whether you need to personally insulate yourself from any liabilities of the business.
A dispute with a business partner is often times, but not always, the result of a communication breakdown. Although there are many approaches to solve the issue, the start of each approach involves an analysis of the contractual and legal obligations of each of the parties. It is important to consult with an attorney to evaluate your options, guide you through the process, and if ultimately necessary, become involved in the process to craft a process designed to create a solution that is in the company’s best interest.
There are several requirements that a business has in order to stay compliant with rules and regulations that are mandatory. These requirements depend on the type of business entity, the types of transactions that the business conducts, and the types of employees utilized by the business. It is critical to consult with an attorney in order to ensure your compliance with all applicable rules and regulations that affect the business.
You are certainly welcome to utilize that type of service. But, in using a service, you are not paying for advice, you are paying for a form. An attorney can help you choose what type of business entity that you should be, help you file the paperwork in the appropriate location, and make sure that you take all necessary steps to be in full compliance with the regulations of your profession. When you hire an attorney, you are paying for legal advice.