BUSINESS PLANNING
Legacy Planning Law Group knows that the best way to help our clients is to understand their business planning needs and help guide them along the way. If you’re interested in learning more about our formations and transaction services, please book your free 15-minute phone call with us today!
Choosing the appropriate form of business is an essential consideration for business owners – whether during the formation of a new business or expanding an existing business. The various business forms each offer different advantages and disadvantages. These often include protecting the owner's personal assets, tax treatment, ease of transfer, and limitation of liability. Beyond the selection and formation of business structures, business owners also need legal advice on day-to-day matters and transactions that impact business operations.
The first step on the journey to owning your own business is coming up with a great idea. The second step is to form your business legally. This step involves drawing up legal documents and having them filed with the state. This process is a critical step because it creates the legal structure for your business arrangement, and equally critical, it protects your personal assets from the liabilities of your business.
There are many different options when creating your business. Making the right decisions now will help you avoid problems down the road. Corporate documents in Florida need to be carefully customized to properly fit the circumstances of each person or group of individuals. To start with, you need to decide how your business should be structured. Do you want to start an LLC (limited liability corporation) or a corporation? If you want to go with a corporation, should it be an S corporation or a C corporation? There are advantages and disadvantages to each option, and making the right choice upfront is critical.
Our expert Jacksonville business attorneys work with many Florida business owners seeking asset protection. Our Jacksonville attorneys also work with owners of businesses whose needs are changing and whose form of business no longer serves their best interests.
Even after the business has been formed, there are ongoing legal needs such as contracts and other types of business transactions in Florida. Having everything set up by a qualified Florida attorney can help ensure the legalities of your business don’t get in the way of actually creating a successful business in Duval County and surrounding Northeast Florida areas.
In addition to creating your business in Florida, you need to think about what will happen to it when you want to retire, or should you become incapacitated or even die. This planning is known as Florida business succession planning, and our Jacksonville business lawyers can help you with that as well.
Legacy Law Planning Group is here to help you and your loved ones understand estate planning, elder law, post-death administration, and business planning in Duval County, Florida. If you’re interested in learning more about our legal services from our experienced Jacksonville, Florida business planning attorneys, please don’t hesitate to contact our Jacksonville law firm by booking a call today.
The following resources are provided by The Balance Small Business
If you are committed to solving your planning needs and want to work with our skilled and experienced team, the first step to get started is booking your 15 minute phone call.
During the call, we will find out what your planning needs are so we can see if we can help you. We will also figure out if we would be a good fit for each other.
At the end of the call, we will set up a time to meet with the team and create a plan that will protect your family and preserve your legacy.
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