Full life cycle business planning. From start-up to exit.
The decisions you make at the beginning of your business can have a major impact on the valuation of your business when it comes time to sell. That is why it is important to start with the end in mind. In fact, how you plan to exit your business should dictate how you operate your business, from the entity you choose to the contracts you create.
Not sure why you need to hire a lawyer to incorporate and structure your business? Here are a few reasons it’s important.
Most types of business structure protect business owners from personal liability for business debts & legal actions, which limits your overall liability.
You can define who owns the company, ownership percentages, and other specifics for partners and executives.
Vendors, customers, and business partners will see your business as more credible when it’s been properly legally incorporated.
In most situations, incorporating an LLC or other corporation can provide new and unique tax breaks and benefits, such as deductions for business expenses.
You need more than a great idea to start a business. In fact, there are many tasks that need to be completed in order for a business to successfully get off the ground. Below are just a few of the things you should do as your business gets started:
Of course, there are many other business and legal issues that you may face as your business grows. If you have already formed your business and need assistance with larger legal issues facing your scaling business, that is where Framework Legal can help.
Framework Legal works with growing businesses of all sizes but if you are just getting started, here are a few resources we recommend using before hiring an attorney:
If you are building your business to scale, then you need a law firm that can scale with it. At Framework Legal, we offer predictable pricing, practical advice, and connections to other leading business professionals that can assist you in achieving your ultimate business goals. Contact us today to see how the right law firm can help your company meet the challenges to each stage of the business life cycle post-formation.
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