When you are thinking about starting a new business or a joint venture, there are many different types of entities that you can choose from. Accordingly, the first thing that we do when we meet with a client is to help you understand the pros and cons of choosing a limited liability company, general partnership, limited partnership, C-Corporation, S-Corporation or Non-Profit Corporation.
If you are forming a new corporation, we can assist in drafting shareholder agreements, articles of incorporation, by-laws and of course the all important first minutes. If you are creating a limited liability company, we can help prepare the articles of organization and operating agreement. For general partnerships and limited partnerships, we can assist you in registering with the state and preparing the necessary partnership agreements.
In addition to drafting the required organizational documents, most new businesses should simultaneously prepare an agreement to deal with the business in the event that one of the owners leaves – this is the known as a Buy-Sell Agreement.
As a new business owner, we will also help you obtain your employer identification number and assist in drafting employment agreements, independent contractor agreements.