 |
Business Formation
Starting a business in California
can be daunting. Businesses are regulated by every level of government, from
the federal down to the city level. This means that before starting a new
business, an entrepreneur should consider the governmental regulations which
will affect the business and plan with these regulations in mind. Business
licenses and operational permits may be required, as well.
Furthermore, many businesses
require financing to acquire inventory and set up a company infrastructure.
Funding can come from the entrepreneur personally, private agreements between
parties, or from a lending institution. Perhaps an
Employee Stock Ownership Plan (ESOP) will benefit the company. In any
case, obtaining startup capital is an important part of setting up any
business.
. . . |
|
|
 |
|
The Burton Law Firm can help entrepreneurs
bring their business ideas to fruition. Our
attorneys will explain the various legal
considerations a business should address
before beginning operations. We can help
the entrepreneur navigate the difficult
process of business formation to ensure that
the business will prove successful.
Joint Ventures
Perhaps the creation of a new business is
inappropriate and a joint venture is the
best solution. Joint ventures constitute a
different type of business entity. In some
instances, two established companies,
regardless of business form, decide to work
together on a particular business
opportunity. The two companies will share
the benefits and burdens of the opportunity,
usually by each contributing money or labor
to this joint venture and then sharing the
profits. The Burton Law Firm can help
structure the joint venture agreement to
provide that our client does not bear an
unfair risk or receive inadequate
compensation for their efforts. A
successful joint venture can improve the
relationship between the two companies and
lead to additional and larger economic
opportunities in the future. Let The Burton
Law Firm help your company succeed in your
joint venture operations.
|
|
|
|
|
Entity Form
When starting a new business, an
entrepreneur should carefully select a
business form. California recognizes many
business forms as valid, including sole
proprietorships, partnerships, and several
limited liability forms. Each form has its
particular advantages and disadvantages for
the formation and operation of the
business. The Burton Law Firm attorneys can
help an entrepreneur weigh these advantages
and disadvantages and select the best
business form to help the entrepreneur meet
his or her goals. Factors like duration of
the business, tax implications, and
potential legal liability should all be
weighed and considered before selecting a
business form.
|
|
|
