Business Formation Attorney in Annapolis, MD

Business Formation Overview

The decision to open a business comes after careful planning and analysis to determine the viability of the operation and overall success. Preparation does not end there. Business formation and entity selection require the help of an experienced business lawyer spending time with a prospective owner to identify needs, goals, and risks.

At Schifanelli & Associates, LLC, our Baltimore and Washington, D.C.  business lawyers help Maryland and Washington, DC  business owners take proactive legal steps in entity selection that include:

• Incorporation
• Partnerships
• Limited Partnerships
• LLC organization
• Nonprofit organizations

A business entity provides protection from personal liability should an employee, vendor, customer or government entity file suit against a corporation or LLC. It also provides a separate federal and state business tax structure outside of individual income tax.

Business formation does not end with the selection of an entity. Detailed action plans must be implemented prior to the opening of a business. Specific steps include:

• Operating agreements
• Bylaws
• State and federal registration filings
• Business and other licenses

Legal issues will likely arise after the business is open. Access to legal advice throughout the growth and operation of your business can help you to ensure that the asset you have worked so hard for is protected. Our Baltimore and Washington, D.C. attorneys are well versed in the issues impacting businesses in Maryland and Washington, D.C. and can serve in an ongoing capacity to permit you to maneuver effectively as a business with the advice of legal counsel should disputes arise. You may wish to expand or franchise. Employees may violate non-compete agreements. Vendors may claim breach of contract. Financial trouble can lead to a forced or non-forced buyout, dissolution or Chapter 11 bankruptcy filing.

For more information, please contact us at 888-719-7892 or 866-451-2176.

Other Frequent Case Types

• Family Immigration in Annapolis, MD
• Military Divorce in Annapolis, MD

Areas of Practice

• Business Formation
• Business Law