There is a lot to consider when opening a business, starting with selecting a company structure to formalize an organization. Caitlin Burke, Esq. guides clients in determining the best formation to meet the goals of the company and prepare for desired growth.
A Burke Law consultation meeting will include discussions about the risks and liabilities of structures (Sole Proprietorship, LLC, LLP, Partnership, C Corporation, S Corporation, Benefit Corporation, Non-Profit), as well as the advantages and disadvantages of the different types of entities. Once a decision about formation has been made, Burke Law works closely with the owner or owners in formalizing the legal documents needed to protect the owners' and members' interests.
In addition to creating customized and unique operating agreements and bylaws, Burke Law will assist in creating other ancillary contracts needed for business operations, e.g. vendor contracts, supplier contracts, distribution contracts, tenant contracts, employee contracts, etc.
Caitlin Burke, Esq. will also engage clients in thinking about the long-term goals of the organization. This conversation may include branding, intellectual property protection, assignment agreements, trademarks, copyrights, patents, or social-driven purposes of the company.
While it's not usually at the forefront of an entrepreneur's mind when planning to open a new business, it's never too early to start planning for a transfer in membership interests, buy/sell arrangements, and dissolution to avoid future conflict. Burke Law prepares clients for unforeseen changes in circumstances to minimize the risk of unpreparedness in the future.
Burke Law loves startups! There's just something about those creative-passionate energies that excite Caitlin Burke, Esq. to share in owners' dreams and visions! If you are opening a business and would like legal guidance on formation and planning, call 352-681-2723 to schedule a consultation appointment!