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Business Planning

Entity Formation

We provide entity formation services to help businesses establish the legal framework necessary for their operations. We understand that choosing the right business structure is crucial for the success and protection of your company, and our experienced team of attorneys is here to guide you through the process.

Limited Liability Companies

One of the key entity formation services we offer is the establishment of Limited Liability Companies (LLCs). LLCs provide a flexible and tax-efficient business structure that combines the liability protection of a corporation with the operational simplicity of a partnership. We can assist in drafting the necessary documents to form an LLC, including the preparation of the Articles of Organization and the creation of an Operating Agreement. The Operating Agreement outlines the rights, responsibilities, and relationships of the LLC's members, as well as key provisions regarding management, profit distribution, and decision-making processes.

Corporation Formation

We also provide entity formation services for corporations. Corporations offer limited liability protection to their shareholders while allowing for the issuance of different classes of stock and providing a formalized management structure. Our firm assists in preparing the Articles of Incorporation, which outline the corporation's purpose, share structure, and governance provisions. Additionally, we help draft company bylaws, which establish the rules and procedures for the corporation's operations, including the roles of directors, officers, and shareholders.

Limited Liability Partnerships

For businesses looking to establish partnerships while enjoying the benefits of limited liability, we offer entity formation services for Limited Liability Partnerships (LLPs). LLPs are commonly utilized by professional service providers such as lawyers, accountants, and architects. We can help you navigate the specific requirements for forming an LLP in your jurisdiction and assist in drafting the necessary partnership agreements and registration documents.

Throughout the entity formation process, we work closely with clients to understand their specific business goals, needs, and preferences. We provide comprehensive legal advice on the various entity options available and help clients choose the structure that best aligns with their objectives. Our goal is to ensure that the chosen entity formation not only provides liability protection but also supports the efficient operation and growth of the business.

Business Planning and Transactional Services

We also offer business planning services designed to provide legal support and guidance to businesses of all sizes and industries. We understand the importance of having solid legal documents and agreements in place to protect your interests, ensure compliance with relevant laws and regulations, and establish clear guidelines for your business operations.

Operating Agreements

One of the key services we provide is the drafting and review of operating agreements. An operating agreement is a vital document for Limited Liability Companies (LLCs) that outlines the rights, responsibilities, and obligations of the members. We work closely with our clients to understand their specific needs and objectives and draft operating agreements that address key provisions such as profit distribution, decision-making processes, membership changes, and dissolution procedures.

Service Agreements and Business Contracts

Our firm also assists in the preparation of service agreements and business contracts. These documents establish the terms and conditions under which your business provides services or enters into agreements with clients, customers, vendors, or partners. We ensure that these agreements are well-drafted, clearly outlining the scope of services, pricing, payment terms, dispute resolution mechanisms, and any other critical provisions necessary to protect your interests and manage risks.

Non-Compete Agreements

Non-compete agreements are essential for many businesses to safeguard their intellectual property, trade secrets, and competitive advantage. We can help you draft non-compete agreements that protect your business interests by restricting employees, contractors, or partners from engaging in similar activities or joining competitors within a specified geographical area and for a defined period after leaving your business.

Employee Handbooks

Employee handbooks are crucial for establishing clear expectations, policies, and procedures within your organization. Our firm can assist in creating comprehensive employee handbooks that cover key areas such as employment policies, code of conduct, anti-discrimination and harassment policies, leave and benefits, disciplinary procedures, and other relevant guidelines. These handbooks serve as a valuable resource for both employers and employees, promoting consistency and compliance within the organization.

Settlement Agreements

Settlement agreements are commonly used to resolve disputes between parties, both inside and outside your business. These agreements outline the terms of the settlement, including financial considerations, confidentiality clauses, release of claims, and any other relevant provisions necessary to bring the dispute to a satisfactory resolution.

We are well-versed in various business planning documents and can provide tailored solutions to meet your specific needs. We take the time to understand your business goals and objectives and provide comprehensive legal advice to ensure your documents and agreements are enforceable, protect your interests, and help mitigate potential risks.

Request a Free Consultation

Whether you're just starting a business, or are a well-established entrepreneur, S.L. Parent P.C. can assist you in all of your business planning needs. Schedule a free consultation, where we will review your business needs and create a solution that is tailored to your specific needs.

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