Establishing a new business is an exciting and challenging endeavor. How you structure the organization largely impacts your overall operations and management method going forth. This is why we strongly recommend consulting with an experienced business law attorney as early in the process as possible. John L. Davis PLLC has helped countless business owners carefully plan their entities in order to achieve success in the future. We are eager to help your business, too.
Depending on your area of business, goals, and partnerships, there are many different structures you may choose. Common entity formations include:
The type of business entity you choose directly influences how your business will be taxed and how those taxes need to be paid. For example, partners in an LLC will all be required to pay their appropriate taxes or else open the company and their other partners up to tax penalties. Your structure will also dictate your take-home pay, benefits offerings, employment law compliance, bonuses, and other important aspects of running a business.
As you can imagine, it is of the utmost importance to make sure you have chosen an organizational structure that protects your interests and places liability on the right shoulders. It is also crucial to consider how the business will become shared property if you are (or become) married or divorced in the future. If you own a business and are considering divorce, you will be best served by working with an attorney who has extensive experience in both business and family law. Attorney John L. Davis possesses a wealth of knowledge in both of these areas of law.
John L. Davis PLLC helps Vancouver residents with family, business and real estate law matters, as well as cases resulting in litigation. Call (360) 597-4740 to learn more about how Mr. Davis can help you and those you love most.
Representing Vancouver clients since 2003, John L. Davis PLLC can help you with cases involving family, business and real estate law, as well as ensuing litigation. For direct, straightforward legal counsel.
Call (360) 597-4740 now to get the quality help you and your family need.
Whether your legal issue involves a family law issue, real estate, or a business matter, we’re here to help.
site by LegalRev