Running a business, regardless of the industry you’re in, is inevitably challenging. We at Pollio Law Group have a deep understanding of the issues that arise in business management. These include everything from financing to operational organization, recapitalization to corporate finance, and nearly everything in between. Our expertise and multidisciplinary approach allows us to tailor solutions to best fit our clients’ specialized needs. Whether your business is large or small, our team is prepared to efficiently address and resolve complex business issues so that you achieve your business goals.
Formation – Entity Selection
Choosing the type of entity for your new business has significant legal, regulatory, compliance, cost and tax consequences that will affect your business for as long as it operates. Our stellar PLG team guides you through the myriad of business entities to find the one best suited for your circumstances, such as:
- Corporations
- S-Corps
- LLCs
- Partnerships
- Sole proprietorships
Structure, Ownership
Determining the ownership structure of a business entity is also something that will have a lasting impact on how you conduct business and how your business is taxed. At Pollio Law Group, we often suggest bifurcating ownership into voting and non-voting blocks, or interests, in order to reserve voting control for those most interested parties.
Other corporate tasks, such as corporate book maintenance, the issuance of stock certificates (or interests), the keeping of annual (or regular) minutes of meetings, and the election of directors and officers are often overlooked. We at PLG play a critical role in proactively supporting and advising small business owners to assign and maintain these necessary duties.
Shareholder, Partnership & Member Agreements
Just as crucial to the formation of a business entity is the maintenance of cohesion amongst shareholders and partners (or members, as the case may be, depending on the business entity). The key to achieving a successful coalition of shareholders and partners (or members), is creating an agreement among all parties to set guidelines and boundaries for how all parties should act. We at Pollio Law Group offer a streamlined agreement to achieve these goals, and we carefully carve out the ability to make changes in the future.
