NicholsonPham

Small Business

Small businesses and entrepreneurs are frequently subject to the same laws and regulations as large, publicly traded corporations. The only difference between large and small businesses is large corporations have counsel to advise them in all matters impacting their business. Your small business should have the same protection.

As a small business owner, you should have counsel to assist you in understanding the best entity formation for your business. Your small business attorney should help you understand the advantages and risks of each entity and help you manage the risks of small business ownership from incorporating to hiring your first employee to closing your business.

NicholsonPham’s attorneys will help you start your business, draft, review, and negotiate contracts, change from one business form to another, handle employment matters and wind up business for you when you are done.

Our attorneys can assist you with:

Business formation

Among the first legal questions a business owner asks and answers when starting a business are:

  • Should I incorporate or create an LLC?
  • Should I be a sole proprietorship?
  • Should I create a partnership?
  • What is the difference between a corporation and an LLC?

A business lawyers job is to help you with by advising you on differences in business form, helping you meet the legal requirements for starting your business and preparing documents to form and organize your limited liability company, corporation or partnership including drafting of shareholder agreements, operating agreements, partnership agreements etc. Making decisions on entity form based on complete information and appropriate structuring of your entity will help you avoid some business complications in the future.

Contract drafting/review/negotiation

Business attorneys are partners for your business’ success. Over the course of your business’ life, there are many times you should consider consulting a business attorney. Some examples include drafting, reviewing and negotiating sales and service contracts, employment contracts, covenants not to compete, non-disclosure agreements, and commercial leases. The documents you sign are designed to protect someone’s business. Make certain that your business’ interests are protected as well.

Winding down/dissolution

Succession planning, dissolving your business and winding down (notification, claims resolution, distribution of company assets) are elements which should be considered for businesses that are in trouble, as well as those that are thriving. We can help you identify the types of succession planning that are in line with your company’s goals and needs.

The attorneys at NicholsonPham can help make starting and protecting your company less confusing and easier to deal with. A simple phone call is all it takes to get your plan underway.