Business formation is an important undertaking. Wherever you are starting a business in California, our business attorneys can help you build a solid foundation. Whether you are planning on going into business in Orange County as a sole proprietor or you want to form a Newport Beach LLC or corporation, take the time to talk to one of our business attorneys to determine what business model is best suited to your specific needs. Even the formation of a small company requires an attorney to avoid pitfalls.
After our attorneys help you decide which entity is appropriate for the specific needs of your new company, we can further assist you with many important matters and documents that most young companies need during their formation, such as:
Throughout the U.S. there is a growing trend of starting Limited Liability Companies (“LLC”) or Subchapter S corporations (better known as “S Corporations”). These trends exist mainly because people recognize that as business organizational vehicles, both offer a range of benefits that your traditional corporations may not offer (i.e., pass-through taxation, limited liability, tax advantages, lack of corporate formalities for LLC’s, management flexibility, etc.).
All types of business organizational vehicles need to be seriously considered when starting a business entity of your own because it is a smart business decision to evaluate all of your options – not just the trendy ones. Keeping that in mind, one must understand that although the general principles of various business entities may be vaguely understood through cursory research, it is important to note that whatever may be available online only sets a broad framework for what is an intricate and tedious body of law.
Don’t cut corners! This is not the cost to cut when starting your own business, as the first steps in the right direction can help you weather future steps in the wrong direction. It is important to consult with a knowledgeable and experienced attorney to ensure that either an LLC or an S Corporation is properly formed pursuant to California law. Importantly, all limited liability entities must be properly maintained throughout their existence so as to avoid negative legal and financial ramifications. The Law Offices of Kalab A. Honey, P.C., can offer not only a range of solutions and advice in deciding whether or not an LLC or S Corporation is better suited for your own individualized business needs, but also can ensure that the entity is maintained properly.
SPECIAL NOTE: Don’t be one of those unfortunate business owners that falls prey to the ease of obtaining boilerplate company formation forms from the Internet. Common templates are a great way to save money, but the agreements you obtain will not be specifically suited to your needs. In the end, the cost savings will likely be outweighed by the cost expenditures of business litigation fees when you are sued and your documents don’t protect your specific needs. When dealing with company formations, it is always important not just to file the appropriate document with the Secretary of State, but also to be aware of the multitude of other documents required in order to keep the protection that a corporation or limited liability company affords you.
Avail yourself of our expertise. Retain one of our Orange County lawyers and have confidence that your new company is built on solid ground.
Our lawyers serve all of Orange County California, including Newport Beach, Irvine, Anaheim, Santa Ana, Huntington Beach, Garden Grove, Orange, Fullerton, Costa Mesa, Mission Viejo, San Clemente, and Laguna.