Business & Corporate Law
The choice of which legal entity to use for a business is one of the most important decisions that a start-up venture will face. In Michigan, the most common options for operating a business are a limited liability company (LLC), S corporation, or C corporation.
Today with so many options available in terms of business formation, it is more important than ever to choose the correct business entity and more importantly make sure that the entity is formed correctly and that the owners understand their responsibilities to maintain the protections that are available to them.
Unfortunately, we often see clients with generic forms that do not relate to their personal situation and do not take advantage of the many benefits that a properly formed Michigan entity can offer.
It is important for our lawyers to understand your personal situation, risks, and desires to evaluate the tax implications, liability issues, asset protection, and management structure that is optimal for your business success. We help people evaluate and choose the entity structure that best fits your goals.
Once an entity choice has been made, each has its own requirements for planning, structure and relationships. An agreement will be created to define the relationship between the members, managers, partners, and shareholders.
Joswick Law works with businesses in the following areas:
- Business Formation
- Operating Agreements
- Partnership Agreements
- Corporate Bylaws
- Sales and Purchases of Businesses
If you need help with starting or managing a Michigan based business contact us by email or call us at 586-979-8100 to discuss your situation today.