Forming your business into a corporation or limited liability company (LLC) is one of the best ways to protect your personal assets from liabilities created by your business. Sometimes insurance is not enough to protect your personal assets.
In addition, forming a corporation or LLC can minimize your overall tax burden versus filing a Schedule "C" on your individual return as a sole proprietorship.
Another reason for forming a corporation or LLC is to spell out specific rights, obligations, and ownership interests between multiple owners of a business.
In short, there are many reasons why you should consider forming a corporation or LLC for your business. At Kellogg & Palzer, P.C., we have over fifty combined years of experience in helping individuals launch small businesses. We work with you, and your accountant, financial planner, or insurance broker, to select the type of business entity that works best for you right now, and that will grow with you as your business grows. Our fees are flat rates for business formation, depending on the type of business format, so there are no hidden or additional costs.
In addition to business formation, we also assist our business clients with:
- Business Plan Creation -- to help secure financing for your business
- Uniform Service Contracts -- so you don't have to keep reinventing the wheel to do business.
- Buy-Sell Agreements (aka Stock Redemption Agreements) -- to provide for business succession in the event of death, disability or retirement, and to prohibit third parties from acquiring an interest in the business without your consent.
- Confidentiality and Non-Compete Agreements -- to restrict employees or former principles from misappropriating customers or confidential and proprietary information.
- Internet Website Disclaimers and Terms of Use -- to protect and limit your liability against individuals using your website.
- Purchase Agreements
- Lease / Rental Agreements
- Independent Contractor and Employment Agreements
- Employee Handbooks
- Severance Agreements
- Employee Ownership Plans
- and a wide variety of other contracts, agreements and business forms.
At Kellogg & Palzer, P.C., we have represented our employer clients in all types of administrative claims and litigation; including discrimination and harassment claims, collection of accounts receivable, violation of licensing agreements, shareholder disputes, improper tradename use, breach of lease agreements, zoning issues, property line disputes, and ADA compliance.
If you want to discuss any of these issues, please contact our office. If you are interested in forming a corporation or LLC, feel free to review our New Business Formation Questionnaire to see what information we will need to help you get started.