Understand Ohio Business Formations with a Business Law Attorneys on Your Side
The formation of a business in Ohio can come with its own set of challenges. An expert Ohio business law attorney can help you form a business entity. Seeking legal guidance from an experienced business lawyer can help you grow and navigate any legal shifts your business may face in Ohio.
Starting a new business is an exciting venture, but it can also be challenging. Planning at the start of your business formation is crucial to your success and can help you avoid costly legal situations later. At Seif & McNamee, LLC, we can assist you with your business’ legal needs, including the formation and organization of a new business, as well as the acquisition of an existing business.
Forming a New Business in Ohio with Expert Legal Guidance
Deciding to move forward with your plans for entrepreneurship is a step in the right direction. Still, without expert legal guidance, you could face a series of legal situations that are costly and hurt the future and success of your Southern Ohio business. Starting a business requires the support of an experienced Ohio business formation attorney to set your company up for success and minimize the potential for complex legal issues in the future.
At Seif & McNamee, LLC we can provide new businesses with a wide array of legal services to meet their needs. If you need assistance with selecting the best business or drafting contracts and company policies, we can help. Our business formation lawyers can offer you the professional and cost-effective legal counsel your business needs. There are many Ohio entity formations to explore when establishing your new business. Some include:
- Limited Liability Company (LLC)
- General Partnership
- Non-for-Profit Business Formation
Choosing the Right Business Entity for Your Business
One of the most critical decisions organizers of a business make is what form of entity to use. Historically, the choices have been a sole proprietorship, general partnership, limited partnership, C or S corporation, or limited liability company (LLC). In some instances, a business may use joint ventures and other strategic alliances.
Besides limited liability, business organizers should consider such issues as the formality of business operations, the number of owners required, capital structure, profits, voting, management, transferability of interests, and continuity of life. As for tax considerations, the LLC’s status as a pass-through avoids the double-taxation difficulty with C corporations while permitting simplicity and privacy not always available with an S corporation. Seif & McNamee, LLC can guide you through your decision-making process.
Understanding the Legal Steps for an Existing Ohio Business
If you are acquiring an existing business, our business law attorneys can assist you with the structure and negotiation of transactions consistent with helping you reach your business goals. With our help, you can be confident that you are protecting the continuing relationships with your customers, joint ventures, franchising, suppliers, and vendors.
The Value of Working with an Ohio Business Formation Attorney
If you’re considering starting a new business, are already involved in the process, don’t hesitate to get the legal assistance you need.
Seif & McNamee, LLC is here to help you and your loved ones understand business law, personal injury, estate planning, elder law, probate, collections, and municipal law. Our experienced Ohio lawyers are here to help you accomplish more. We welcome you to contact our Chillicothe or Waverly law firm to learn more about how we can help you achieve favorable results in business and personal legal matters in Southern Ohio, statewide, and across the Midwest.