How a Lawyer Can Help You Form an LLC

Forming a Limited Liability Company (LLC) is an important step in the early days of starting your business. An LLC protects you and your business from disastrous financial consequences. If you form an LLC with the help of an experienced business attorney, you can rest assured that your interests are protected.

Our business attorneys at Kanthaka Group can help you save time while receiving professional guidance to ensure that your filings are prepared correctly. We handle all aspects of business organizational filings, including checking the availability of a company name, preparing documents for compliance, filing articles of organization, and drafting operating agreements.

How Do LLCs Work?

Forming an LLC is a good choice for many new business owners. An LLC is a simple and flexible structure that allows you to conduct business as an individual or in conjunction with other members. Limited liability companies combine the asset protection and limited liability of corporations with the asset privacy and management flexibility of partnerships.

How a Lawyer Can Help with LLC Formation

LLCs can be formed on your own or with incorporation services like Incfile, but a lawyer can often be helpful if you have complicated questions about what business entity is right for you. Standard forms from online templates are often too broad to meet your specific needs.
When you plan to issue public stock in your company, have interested foreign investors, or if you plan to raise venture capital, having a lawyer on your side is highly recommended. A lawyer can help you in the following ways:

1. Preventing Legal Disputes: Using online LLC formation services does not always provide the level of customization necessary to protect against future disputes. Furthermore, these services cannot provide you with important legal guidance about how your LLC formation choices will affect your business in the future. Business attorneys can help you prepare operating agreements that will safeguard your business against future disputes.
2. Writing Business Contracts: Once your LLC has been formed, you will need well-written contracts to ensure your legal rights are protected. An attorney can draft specialized contracts for your industry and commonly faced business issues. In the event that a deal goes awry, they will ensure that your reputation, intellectual property, and financial security are protected.
3. Helping You Grow Your Business: As your business grows, you may need to transition from a single-member LLC to a different business entity. A lawyer can help you through this transition and advise you on proper employee management and compliance with labor laws.

Consult Our Business Lawyers for LLC Guidance

LLCs can provide many advantages for new business owners, but there are many steps you must take before you can reap their full benefits. Our attorneys will help you navigate these steps and avoid future disputes. For more information about how we can assist with your business law needs, please give us a call at (719) 633-2222.