Tired of working for someone else? Have a great idea you think you can grow into a successful business? Has the economy made you an “accidental entrepreneur”? Maybe you’re planning to purchase a franchise or open a small business with a partner.
These are exciting times, but are you sure you’re ready to go out on your own? All the internet research in the world won’t fully prepare you to run your own business in New York—trust us!
When you work with LOVE LAW FIRM, you can rest assured that your start-up is legally protected and poised for growth, from conception to your first year of profit. We have over 30 years of experience in the corporate world, and we will put that experience to work for you!
What Type of Business Are You Starting?
For many entrepreneurs and small business dreamers, discussing the form your new business will take sounds like a lot of legal mumbo jumbo. Should you have a sole proprietorship, partnership, corporation, S-corporation, or a limited liability company? Each has its pros and cons as well as restrictions on ownership, transfer of interests, and the like. Working with a lawyer will help you select the best form of business for your own personal goals. LOVE LAW FIRM will go over each option in detail with you and help you choose the structure that will best fit your needs.
When you form your business entity, you will also have to choose a name. You may have a great idea, but you will have to take several issues into consideration, including trademark protection and marketing opportunities. LOVE LAW FIRM will guide you in the right direction.
Understand New York Law When Forming Partnerships
Many great ideas come from a collaboration between two or more people. Maybe you were the creative one with the lightbulb moment, but a family member has the financial means to get you started. Or perhaps you and a close friend developed an idea together, but are not equally available to grow it into a business. If you are entering into a new venture with partners or investors, it is very important that you establish the business right at the outset, and clearly define each party's rights and responsibilities. When you are in business with others, you will want to be diligent about corporate governance issues—making sure to memorialize decisions, file reports on a timely basis with local, state and federal agencies, and communicate appropriately on the state of the business to the proper personnel. If that last sentence made your eyes glaze over, you should definitely consider bringing a lawyer in to define your partnerships from the get-go. The legal team at LOVE LAW FIRM has seen both partnerships that blow up and those that flourish for years and will bring this knowledge when helping you structure your new business.
Considering a Franchise Opportunity?
Maybe your business dreams didn’t start with a product or an idea, but simply with the desire to be your own boss. Maybe the way for you to go is to look for a franchise opportunity. Choosing what franchise is right for you isn’t as easy as it sounds. Then, whatever you decide, you will need clear guidance on the duties and obligations imposed by the franchisor and what your financial commitment will be over time. Don't rely on representations made to you by the other party—obtain your own independent counsel. LOVE LAW FIRM can help you cut to the chase when dealing with franchisors.
Let LOVE LAW FIRM's Business Formation Atorneys Start You On A Solid Foundation
The internet and certain websites make it appear as if it easy to launch your business. In truth, we’ve spent a lot of time correcting their mistakes and omissions. But it’s not for filing forms that you come to LOVE LAW FIRM. You hire LOVE LAW FIRM because we’ve helped hundreds of New York businesses – just like yours – get started and have the best chance for success possible.
We have helped so many businesses, we know what you need and how to help you. We’ve organized our services into a flat-rate packages that allow you to choose the package that’s right for you.
Check out our Business Start-up options and get started! Select the form on the upper left and get emailed today your copy of our "Six Keys Every Start-Up Needs To Unlock Success" and the "Business Start-Ups: Pricing and Services Guide" from LOVE LAW FIRM!