Business Formation and Planning Services
If you select the wrong business entity for your enterprise, you may be subject to paying a lot more taxes than you would otherwise . You may also lack a shield to protect your personal assets from the liabilities of the business.
At The Shump Law Firm, our lawyers help our clients choose the right business structure to meet their business goals. We also provide ongoing legal services such as negotiating leases, vendor contracts and employment contracts, as well as representation in any type of conflict or disagreement within the business context. We represent small to medium-sized businesses, joint ventures, partnerships and business owners in the greater Baltimore area.
Business Planning Services
One of the reasons that entrepreneurs choose an LLC, C corporation, S corporation or other business structure is to enjoy the benefits of the corporate shield. Without a proper corporate entity or alternative partnership structure, your personal assets could be at risk.
In addition to helping you choose the optimum business entity, our lawyers will assist you in planning your business. Here are some examples of questions we will help you answer:
- What agreements do you need between partners in your business?
- Who has management powers?
- How do you share the interests in the company?
- Do you want one type of ownership or several classes?
- How will you finance your business?
- Have you taken steps to protect the intellectual property of the business, such as trademarks and copyrights?
- What buy-sell agreements do you need?
- Can interest in the business be left to family members?
- Who will have voting rights in your business?
Tax saving is a primary concern of many of our business clients. Our lawyers provide tax planning services for both businesses and business owners.
Free Lawyer Consultation
For more information or to discuss your business planning needs with an attorney, call (410) 832-8865 or fill out the contact form on this Web site. Our law office is located in the Baltimore suburb of Towson, Maryland.
