CORPORATE BUSINESS FORMATION
PROTECTING YOUR BUSINESS FROM LIABILITY LURKING BELOW
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The business world is full of pitfalls and sharks. At Snyder & Wiles, we help you navigate the waters calmly and avoid as much risk as possible.
Lehigh Valley Corporation Attorney – 5 Reasons to Use an Attorney to Create Your Corporate Structure:
There are a number of different ways that a business owner can create a business corporate structure, i.e., LLC, Corporation – “S” Corp or “C” Corp, Partnership, Limited Liability Partnership and the list goes on. Are you qualified to determine which structure is best for you? There are many reasons that a business owner should use an attorney rather than choosing a more inexpensive option such as a legal website or a how-to book:
- Liability Protection
The most common reason for creating a corporate entity is to shield the business owner from potential liabilities of the business. To avoid these potential liabilities, a business owner must create a proper corporate structure. Relying on generic forms from a website or book could result in corporation that can be defeated in court. A business owner should choose an experienced attorney to complete the corporation process as a way to make certain that the corprate veil properly protects the business owner from risk.
- Business Structure
A business owner may be interested in creating one type of business structure, but that may not be the best choice in every situation, but other structures may prove a better fit. An attorney can help the business owner to choose and create the right corporation structure to meet the needs of the specific owner and business. This is especially true in consideration of specific state laws that change frequently due to the passage of new legislation or recent court decisions.
- Complicated Business Ownership
It is more difficult to create a valid corporate structrue when a business has more than one owner. Even if a married couple owns the business, there are a number of potential complications when forming a corporation. While most websites that provide legal forms claim to be able to handle this situation, getting the expert advice and knowledge of an attorney is the only way to be certain that ownership issues are handled correctly.
An attorney that is familiar with the corporate process can help a business owner to identify potential problems due to state or local laws and regulations or specific business nuances that a website or book will not identify. The attorney may be able to find ways to reduce the tax liability of the business or the business owner as well. An attorney can also make the owner aware of any periodic business reporting that the corporation will be required to make.
- Time Savings
While it is not difficult to fill out the forms to create a corporation, it is a lot easier for a business owner to turn the responsibly of completing the proper paperwork over to a lawyer. By letting an attorney handle the paperwork a business owner can focus on his or her strength: running the business. As an attorney is more familiar with the corporation process, the attorney can create the corporation in less time than a person inexperienced with the process.
At Snyder & Wiles, we Help You Get the Most Out of Your Business As an integrated full-service law practice, we also explain several estate planning issues that should be considered in conjunction with any small business startup or rights to intellectual property. We explain the issues and concerns involved and propose estate planning strategies, which will protect your business and what is most important to you. Contact us for a consultation, 610-391-9500.
In every area of law, it is important to have a strong personal connection between attorney and clients, and this connection is especially key when it comes to your business. When it comes time to take action, you need to be comfortable with the advice you receive is essential. Contact Snyder & Wiles, PC for a consultation regarding your business. 610-391-9500, or fill out the form on this page.
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- Legal issues arising from those facts;
- Defenses or issues we’ll raise and the potential results.
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They were very nice and helpful and welcoming. She answered every question I asked and told me the truth about how to do it the right way. 5 Stars!
I have the privilege of knowing Gladys and calling her friend. She has helped me with personal and business advice. Gladys wants the best for her friends, colleagues and clients; it shows through her work! She wins cases big and small! I must warn you..DON’T DRIVE DRUNK because if you do, you will lose!
Previous to utilizing Snyder & Wiles, PC we had been using the same attorney for 15 years when he unexpectedly passed away about 5 years ago. I found out that in conversation with his wife when things were good he mentioned that if anything ever happened to him he wanted his clients to go to Gladys because he felt she was the person that could represent and emulate his style of practicing law the best of all the lawyers he had known. That was enough of a referral for me. We’ve been using Gladys, Merna, Ketura and staff since that day and have never been told we can’t handle that you’ll have to go somewhere else. They accommodate all our business and personal legal needs and go out of there way on a daily basis to get things done, I would highly recommend Snyder & Wiles PC to everyone.
Gladys and her staff are great. Takes the time to explain everything and walks you through options that will best benefit you, your family, and/or your business. 5 Stars!
I could not be happier with the services I received from Gladys Wiles. She is extremely efficient and professional. She was responsive and always available to answer my questions.
Outstanding firm. Very thorough, concise and ethical. Highly recommend utilizing the firm.
Gladys Wiles is a well-known and respected community leader. In addition to her volunteer work to support and enhance the local YWCA, she is a valuable resource among small business owners. Always available for preliminary guidance and direction, Ms. Wiles has a willingness to present general information so those of us outside the field of law know when it is time (or not) to retain an attorney.
Gladys is an excellent attorney who understands the needs of her clients. She is the consumate professional who gives every case the attention it demands. She is always prepared to represent her clients in the best way possible.