Fortify Your Venture With Business Formation Counsel
Starting a business is a leap forward for your career, your finances and your life. However, business law is complicated, and many new business owners who navigate this process alone may expose themselves to unnecessary risks. If you are ready to pursue business opportunities, it may be in your best interests to seek professional legal advice.
Our job is to think ahead – for you and the future of your business. Frisella Neilson, APC, can help you choose an entity type, maintain business records, switch entity types and more. Our experienced lawyers will eliminate the guesswork for you.
Evaluating Your Entity Options
When you start a business in California, one of the key tasks is choosing an entity type, such as:
- Sole proprietorship: One business owner maintains full control over the business, but they are personally liable for the business’ financial obligations.
- Partnership: Multiple business owners are personally liable for the financial obligations of a business. This means that profits and losses “pass through” to the owners individually, which can offer tax advantages.
- Limited liability company (LLC): Business owners are not personally liable for the business, but profits and taxes still pass through to the owners.
- Corporation: The business itself holds all profits, losses and liability.
Business entity formation is complex, and the right type for your business will depend on many factors. Our detail-oriented attorneys can help you assess your personal needs and the needs of the business to inform your decision. We will also assist you with other issues during the early stages of your business as well as when it is time to transfer ownership to someone else.
Seize Your Business Opportunities
Founding a business is a risk, but that risk should be fully calculated. We can meet with you to discuss your goals, concerns and other business matters. Call 866-334-2614 or send an email to our San Diego office to schedule a business formation consultation.