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Business Planning
American life is small business. Fully 99% of all independent enterprises
in the country employ fewer than 500 people. These small enterprises
account for 52% of all U.S. workers. Some 19.6 million Americans work
for companies employing fewer than 20 workers, 18.4 million work for
firms that employ between 20 and 99 workers, and 14.6 million work for
firms with 100 to 499 workers.
Small businesses are a continuing source of dynanism for the American
economy. They produced three-fourths of the economy’s new jobs between
1990 and 2005. But while small business owners often have comprehensive
(and passionate) knowledge of their own field, they are often terribly
ignorant of even the most basis legal necessities required to keep their
corporate shield in place.
Small Business Owners Need Legal Assistance!
Legal representation of small businesses with fewer than 500 employees
constitutes a significant and growing part of our law firm business.
Our representation of new businesses oftentimes involves entity
formation and the preparation of all the necessary organizing documents.
Existing businesses oftentimes need assistance related to buy/sell
agreements, leases, real estate purchases, employment contracts, loan
applications and litigation.
A significant part of our business services is related to asset
protection planning. Asset protection planning is designed to assist the
business owner in preserving both personal and company assets in a legal
manner that prevents creditors from attaching or liquidating assets.
Business successor planning is one of the single most challenging
aspects of planning work. Most businesses do not survive the founder’s
retirement or death in large part due to the lack of a sound plan. We
help our business clients put together a sound business succession plan
and prepare estate plans for each individual owner.
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