Small businesses face a minefield of obstacles for which they require legal services. Business clients often seek legal advice after they are presented with a problem and wish they had consulted with a lawyer sooner. It is important to build a solid foundation to support your business as it grows, and avoid potential pitfalls before they arise. Whether you seek advice on business formation, planning, or a dispute, I can help.
Choosing what type of business entity to form when you start your business can be a difficult decision. You must take into account potential liability and tax issues. The most common form of business structure, is the Sole Proprietorship but the business owner is personally liable for all liabilities incurred by the business and may prove to be too risky. The following is a list of business types that can be formed in New York. Each of these entities serves a particular purpose and have varying degrees of legal liabilities and tax consequences for the business owner.
The following is a list of some of the legal services provided that small businesses often require the assistance of an attorney. It is important that contracts and other agreements are tailored for each business by planing for the foreseeable contingencies, and protecting against the pitfalls unique to each business.
Call Stephen K. Underwood, Esq.
or get started with a complimentary case evaluation.