When it comes time to start a business or buy an existing business, one of the first steps is to determine the type of business entity that will best serve the financial and operational goals of the entrepreneur. In most instances, this analysis will be driven by concerns regarding the tax treatment of the business’ profits and losses, the potential of personal liability for the business’ debts, and the management and control of the business.
Gerbers Law, S.C. has substantial experience counseling clients on the formation and maintenance of a variety of business entities and perhaps more importantly, designing a structure to accomplish the owners’ specific goals. These goals may include: maintaining control, raising capital, incentivizing employees, and eventually providing for a smooth transition in ownership and management. Further, our attorneys have a great deal of experience in disputes between shareholders, directors, and other owners.
Potential Entity Structures Include:
- Business Corporations, Including S, C, and Close Corporations
- General Partnerships and Limited Liability Partnerships
- Limited Liability Companies
- Sole Proprietorships
- Non-Profit Corporations