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Law Offices of James C. Siebert Legal Services  
Business Law

BUSINESS FORMATION 
When you decide it is time to start a new business for yourself, or with others, it is essential that you get off to a good start. There are so many legal issues that arise when a new venture is entered into sometimes it is difficult to keep it all straight.  Mr. Siebert has been assisting his clients in successfully establishing and maintaining their businesses since 1985. Mr. Siebert can provide the advice you need at each stage of your business development.   
When a person decides to start up a business, one of the first things that must be one is to decide upon which form of business organization to operate under. The most common forms of business entities include: Sole Proprietorships, General Partnerships, Limited Partnerships, Limited Liability Partnerships, Limited Liability Companies (LLCs), C Corporationsand S Corporations. Mr. Siebert will be able to assist you in determining which business entity is best suited for your business needs. 
Liability is perhaps the most important factor to consider when starting a business. It should be understood that conducting any business will involve some risks. In view of potential liability to creditors or litigation claimants, it is prudent in most cases to select a business entity which shields the owners from personal liability beyond their investments. For the majority of start-up businesses, a C corporation, S Corporation or Limited Liability Company ("LLC")will be the entity of choice. However, it is important to understand the limitations of the protection offered by these entities.  The decision between these three entities should predominantly be determined by tax considerations and management and control.
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