Position your business for growth with legal expertise and personal guidance.

Starting a business is one of the most challenging and rewarding experiences you can have. When you are ready to begin, understanding the legal requirements to set-up and operate your business can be daunting. 

“Should I hire a lawyer to form a business entity?” and “What business entity is right for my business?” are just two of the many questions you will need to answer. The right answers will provide a strong legal foundation for your business, manage your liability risk, and position your business for growth. Taylor Legal helps start-ups and small businesses turn their passion into a reality.

So, why should you hire a lawyer to assist you? 

• You have questions about the process and about what type of entity is best for your goals that are not answered by the online services.
• After the easy part - the registration of the entity with the state - you want a "go-to" lawyer who is knowledgeable and who understands your needs.
• You are forming a corporation and neither the state website nor the online sites have the required forms for the Board of Directors Organizational Meeting, Bylaws geared to your company or stock ledgers and certificates that need to be completed.
• You have more than one owner and you want to make sure you have a solid owners' agreement among all of the owners that sets forth all of the rights and obligations of the owners and what happens when one owner wants out, becomes incapacitated or dies. 
• You realize that spending some additional dollars now may end up saving a lot of dollars in the future. 
• You realize that after your entity is formed, you will have a lawyer who is familiar with your company, your goals and your needs and will be available for future work and questions.

What business entity is right for you?

Each business entity type has its own advantages and disadvantages. Choosing the right one enables you to reduce liability exposure, minimize taxes, and ensure that you finance and run your business efficiently. We help you assess each option to select the business entity that is most advantageous for your business. Your options include structures like a sole proprietorship, LLC, and an S corporation or C corporation.

Our experience includes providing founders with:

• advice on what type of entity to choose, and the differences in choosing an LLC versus a corporation.
• the preparation and filing of Articles of Organization (for an LLC) or Articles of Incorporation (for a corporation) and, most importantly, the necessary corporate documents to ensure that your corporation retains its limited liability status.
• guidance on what it means to elect S Corporation status or "close" corporation status.
• The drafting of founder and owner agreements (operating agreements, buy-sell/shareholder agreements).
• counseling on compliance with state and local government laws.

Start your business success story today!