A strong business starts with a good foundation. One of the ways to ensure your business in Houston starts right is to invest sufficient time when deciding its structure and ownership type. This is the business or entity formation process.
Whether you want to form a corporation, go into a partnership, or work solely on your idea, having the right guidance and support will spell success for you.
You’ll need information on what each kind of business structure entails and how this will affect things like liability, taxation issues, and the decision-making process. Depending on what you choose, there might be agreements and other legal documents to draft and file, too. All these are business formation services that a local Houston business attorney from The Curry Law Firm can help you with.
How Can a Business Formation Lawyer Help?
While some entrepreneurs try to save resources by starting without legal support, the cost of hiring an attorney doesn’t even compare with the amount of money you could lose down the line because of an error you made at this stage.
Providing Information – Knowledge is wealth, and that applies to forming businesses, too. Having the right information when starting up is the first step to realizing success for your company. An attorney will answer any questions you may have on things like favorable structures for your business, insurance policies to purchase, securing financing, what your taxation might look like, and so on.
Handling the Necessary Paperwork – Forming new entities comes with a lot of paperwork that might overwhelm you in understanding and implementing. For instance, establishing a limited liability company (LLC) might require drafting an operating agreement, while a corporation will require bylaws. If there are agreements to draft or sign, your attorney can review the documents and advise you the best way possible.
Negotiating Agreement Clauses – A business formation lawyer can also represent your best interests among your business partners or other stakeholders through negotiations. Remember, you don’t have to accept an agreement or business contract as presented.
Ensuring Compliance – An attorney will also spell out compliance measures like the licenses or permits you need to have depending on your business, regulations to abide by, legal documents you should file to different government bodies, and so on.
Reach Out to a Business Formation Lawyer
When starting a business, it’s common for entrepreneurs to have many questions, like the legal documents they should file, ideal business structure for their goals, provisions to include in agreements, among others.
The Curry Law Firm has helped many Houston businesses start and grow to success through highly experienced legal support in all stages. Schedule a free consultation with us today by calling 713-678-0013 or leaving us a message through our contact page.