Business Formation
Realize your dream of starting a business with our business formation attorney
Business Formation Attorney In Raynham, Massachusetts
Getting Your Business Off On The Right Foot
So, you’re ready to take the exciting step of making your dream a reality in Raynham, Massachusetts. This is a thrilling moment, but it's important to remember that turning that dream into a successful business involves navigating a variety of risks. While logistics challenges may still loom on the horizon, you don't have to tackle the legal complexities alone. That’s where David Chaves comes in. With his extensive experience and deep understanding of the intricacies of business formation, he can protect your venture from the potential legal pitfalls that often accompany this process. David can guide you in selecting the ideal business legal structure that aligns with your unique goals and circumstances. So, embark on your entrepreneurial journey today, secure in the knowledge that your legal needs are being managed by a dedicated professional who truly has your best interests at heart.
Call Chaves Estate Planning LLC at 508-310-6050 to schedule a consultation with a lawyer today.
What Type of Business Structure Should I Choose – Corporation or Partnership?
When considering how to structure your business, understanding the options available is crucial. If you are looking at protection for shareholders and have a higher risk factor, forming a corporation may be the most suitable route. This structure helps protect personal assets of shareholders, even if they lose their investments. On the other hand, partnerships, especially general ones, carry significant risks as each partner can be held accountable for the business's debts and the actions of the other partner. In a limited partnership, the liability is reduced for limited partners, but one partner must still be liable for the debts of the partnership. To ensure you choose the most appropriate structure for your business model, connect with David Chaves in Raynham, Massachusetts. He will guide you through the options and help you decide on the best path forward for your business.
Are There Any Other Structural Options For My Business?
Many smaller startups gravitate towards forming a limited liability company (LLC). An LLC offers the liability protection similar to a corporation while allowing flexibility in profit distribution. Additionally, LLCs benefit from the pass-through tax option, enabling them to pay individual income taxes instead of the high corporate tax rates. David Chaves, a knowledgeable business attorney in Raynham, Massachusetts, is here to help you navigate which business structure best fits your unique needs. Reach out today to schedule a consultation and begin your journey towards making informed business decisions.
Have Questions?
Call Chaves Estate Planning LLC at 508-310-6050 today to speak to an attorney.