The type of entity a future business owner chooses to form and the ownership structure is important for a variety of reasons such as how the entity operates, how it will be taxed, how its assets are protected, how it can grow, and its future succession. At Alex Gaines Law, our business planning attorneys advise clients all around Georgia. We help our clients to choose the best entities for their circumstances and goals, the most effective ownership structure, and then guide them so their business ideas can thrive as business realities.
We can meet with you and explain your options for choosing a business entity, as well as the benefits and drawbacks for choices, including:
Once you have decided on the right entity for you, we can assist you in preparing the entity’s formation documents which includes filings made with the Secretary of State, other required state licensing, as necessary, and initial IRS paperwork. We can also assist you in on-going corporate governance along with developing, drafting, negotiating any necessary agreements – including employment contracts, purchase and sale agreements for real estate, and business mergers and acquisitions.
At the Law Office of Alex R. Gaines, we offer a wide range of services to businesses located throughout Smyrna, Vinings, and all of Atlanta. Our law firm provides service in the areas of general business advice, contract preparation and review, and other transactional services. For our business planning attorneys, the goal is to always provide your business with cohesive legal services to help your business succeed – whether your business is a new start-up company or an established corporation.
The most critical challenge for many small and closely held businesses owners can be planning for the succession of the business. While succession planning can create a challenge for business owners, it also provides business owners with the opportunity to plan for continued success and growth of their business and their own financial well-being.
In order to successfully plan for the future, a business succession plan needs to address the operational, ownership, tax, and estate planning issues involved when transitioning a small or closely held business. The most important questions that small business owners need to answer when creating a business succession plan include: