Our business planning practice focuses on the legal and tax matters associated with starting a business and wrapping up the ownership in it. Whether you are setting up a new business or you are already in operation, understanding the advantages and disadvantages of the various entities available to you will help to preserve and protect your personal assets. In addition, proper planning can save taxes and avoid conflicts (including litigation) with your partners, vendors and customers.

Before making the decision of which entity to use, you need to understand the varying administrative requirements, tax implications and legal rights and obligations of each option. Whether you ultimately choose to do business as a Sole Proprietor, LLC or Corporation, we can help you make the right decision to ensure your choice of entity affords you all the tax advantages and legal protection the law allows.

Then, when it comes time to retire or otherwise make arrangements for future owners to take over, a good business plan will provide a smooth transition whether the new owners are your family members, a key employee or a third-party purchaser. We understand the personal, legal and tax intricacy associated with transferring the business to the next generation or other future owners, and we can help you establish a solid business plan to achieve all of your goals.

We have the knowledge and the experience to assist you with all the complexities involved in business planning. As attorneys and CPAs, we are uniquely positioned to advise you on the legal and tax implications of most any business arrangement. With the proper planning, we can help you get your business started in the right direction, and assure that any long-term planning goals are executed properly.