In Business, one size doesn’t fit all.
Your business faces different legal challenges depending on the type and size of the business. We help our clients through every step of the business process, from start-up to success. We will help you understand when to seek the advice of an attorney. In law, an ounce of prevention can often be worth a pound of cure.
What type of entity you should form depends on what type of business you will run, and how it may change in the future. Do you plan to have partners? Investors? Will you sell products? Will you own real estate? Will you lease real estate? Will you have employees? Independent contractors? What are the advantages of a limited liability company (LLC) compared to a corporation? Sometimes knowing what questions to ask at the beginning is half the battle. We help our clients choose the right business entity and guide them through the business formation process.
Business Sales and Purchases
Whether you are buying or selling a business, it’s important to know what questions to ask. As a buyer, you want to make sure that the business you are buying can support its claims of profitability with documentation. If you need a business loan, will you be able to obtain one based on the current financial information for the business? As a seller, you want to make sure you are getting a fair price for your business. We work with a broad range of clients on a variety of business sales and purchases, from small local, businesses to larger ventures. Our business clients include entrepreneurs and start-up companies, service-based companies, real estate developers, investors and bed and breakfast owners.
Commercial leases involve multiple intricacies. We advise both landlords and tenants on commercial leases. For tenants, it is important to know exactly what you will need to pay. Will your rent increase based on profits? Will you share part of common area maintenance, and, if so, how much? How can you expect your costs to change over time? Landlords need to be protected in the event a tenant breaks the lease, or stops paying rent. For both landlords and tenants, a well-drafted lease is critical.
We help both business owners and employees understand and define the employer/employee relationship. We represent business clients in negotiating employee and independent contractor agreements. We also represent clients in litigation related to the employer/employee relationship in matters such as breach of contract and misappropriation of trade secrets.
Estate Planning for Small Business Owners
If you’re like many business owners, you are the heart and soul of your business. But what if you couldn’t be there? Planning in advance helps keep your business afloat in an emergency. We provide customized estate plans that include your business.
Bed & Breakfasts
Purchasing or selling a bed and breakfast involves a combination of both real estate and business law. The purchase of a bed and breakfast is a commercial transaction, and involves the necessary due diligence. We work with our bed and breakfast clients from the initial phase of evaluating different properties and businesses, through closing and success in a new venture.