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Business Formation
Realize your dream of starting a business with An Experienced Attorney
Business Formation Attorney In Greenville, South Carolina
Getting Your Business Off On The Right Foot
So, you’re ready to make your dream a reality. But to make a success of it entails a lot of risks. While we can’t help with logistics logjams, we can protect your business from the legal risks involved in business formation. An experienced business formation lawyer can help you choose the best type of business legal structure for your specific situation. With years of experience helping businesses get off on the right legal footing, we can make a huge positive impact. Start your entrepreneurial journey today!
Contact at 864-242-0900 to schedule a consultation.
What Type of Business Structure Should I Choose – Corporation or Partnership?
There are several ways you can structure your business. If you have shareholders and a high risk factor, a corporation might be your best choice since shareholders cannot lose their personal assets even when they lose the funds they invest. Partnerships are perhaps the riskiest structures you can choose. In a general partnership, each partner assumes liability for the company’s debts and the other partner’s actions. Don’t start your business without knowing what option suits your business model best. Schedule a chat with a business formation attorney to learn which type of business is best suited to your needs.
Are There Any Other Structural Options for My Business?
Most smaller startups choose the limited liability company (LLC) option. LLCs have the liability protection of corporations while still having the option to choose how to distribute their profits. They also are eligible for the pass-through tax option – paying individual income taxes rather than the higher rate the government imposes on corporations. Our business formation legal team can help you find which structural option is the best choice for your situation. Get in touch today to arrange a consultation with one of our attorneys.
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