BUSINESS FORMATION

Why Do I Need A Business Entity?

Forming a business entity (or a company) is the best way to insulate you family and your personal finances from liabilty for your business. That way, if your business runs into problems with a client, a customer, an employee, a contractor, or anyone else and someone files a lawsuit against your business, your personal assets are protected.

 

Do you know how to properly form your business without imposing unnecessary liability on yourself? No? Well, I don't know everything about your industry either! Everyone has different talents and areas of expertise.

 

Hammelman Law understands that while entrepreneurs are typically well versed in their industry, there are many legal requirements that are daunting to a new business owner. There are also different considerations for those who plan to have a small, closely held business or who are looking to potentially form a larger corporation or potentially expand at a later time. There are different requirements and general characteristics for each type of business entity. We can assist with completing and filing the necessary documents for everything from formation of your business entity and obtaining a state and federal tax identification number to filing with the local governmental authorities for home businesses. At the outset of representation, after some initial information is provided Hammelman Law can provide entrepreneurs with a tailored list of all necessary filing requirements.

Find More Information on Business Formation on our blog post.