St. Petersburg Business Transaction & Formation Attorney
Businesses perform best when they are not distracted by legal disputes and red tape. Our St. Petersburg business transaction & formation attorney can provide comprehensive business services to help you navigate legal issues as they arise and plan for the future. Whether you are just starting a new business, or your existing company is in a legal dispute, a lawyer can help you understand your options so you can make informed decisions that will serve you and your business well now, and in the future.
Choosing a Business Structure
When forming a business, one of the most important decisions you must make is how to structure it. The type of legal structure you choose can impact the personal liability you will be open to and different entities have differing legal and tax obligations. The most common business structures are as follows:
- Sole proprietorship
- Limited liability company (LLC)
Our experienced attorney can inform you of the benefits, as well as the drawbacks, of each type of business structure. A lawyer can help you legally form your business and provide sound advice on the different legal issues involved with foreign, governing, reorganizing, and even dissolving the business.
At the heart of nearly every business transaction is a contract. You may use contracts to enter into transactions with your clients, customers, business partners, and perhaps even your employees. It is critical that you fully understand any contract you sign. An attorney can help clarify the terms within a contract, negotiate the terms of the agreement, draft and prepare the document, and negotiate an amendment or enforce the contract in case there is a breach.
All companies, regardless of how large or small, are involved in a number of business transactions daily. Whether you are buying or selling a business, entering into a buy-sell agreement, negotiating deferred compensation, or hiring employees, it is critical to speak to an attorney who has the necessary experience to advise on your case. A lawyer can inform you of the tax implications of any transaction and provide the needed protection if a deal falls through.
As a business owner, you know it is impossible to predict the future. The owners or partners may become incapacitated, pass away, or simply retire. It is critical to have a plan in place for these events because without one, the business could suffer greatly. Once you have a succession plan in place, it is just as important to review it regularly so that you can change it as your circumstances change.
Our Business Transaction & Formation Attorney in St. Petersburg Can Help You
When forming or running a business, it is critical that you obtain sound legal counsel. David Toback is a St. Petersburg business transaction and formation attorney that can protect you and your company in any undertaking or transaction you enter into. Call us now at 813-252-7529 or contact us online to schedule a consultation and to learn more about how we can help.