Professionals at Udall Shumway PLC have many years of experience in the formation and organization of business entities. We routinely help our clients form and organize corporations, partnerships and limited liability companies and assist our clients with decisions concerning choice of entity, capital contributions and loans, management structures, compensation of owners and key employees, allocation of income and loss, distribution of profits and plans for withdrawal, dissolution or liquidation. Our attorneys are also prepared to advise you concerning the ramifications of state and federal law on business formations and associations including federal and state tax and securities laws.
Whether you want to start a new business or sell an existing one, build your corporation or dissolve your partnership, our attorneys are adept at handling all of the issues that confront the small business owner.
Each client starting a small business has their own unique vision and objective. Our business law attorneys are with you from the start, to help you make decisions that further your objectives.
At the outset, this will include selecting the proper organizational structure for your new business. The organizational structure of a company determines important issues going forward, such as whether owners are shielded from personal liability for company debts, tax liability issues, creditworthiness and other related issues.
The daily proceedings for a small business run smoother with our business law attorneys to advise and counsel you. Issues with legal ramifications frequently arise for small businesses, including:
∙ Consumer protection laws
∙ Contracts – drafting, negotiating and performing
∙ Hiring and Terminating Employees
Whatever comes up for your small business, we are ready to assist you.
In the event that litigation arises, our litigation team is business savvy. And should the time come to end a business relationship, we can take care of that, too. We build long-term relationships with our client, helping them prepare to meet their current business challenges, overcome obstacles, while we keep an eye on their future business need.