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Stavros Law P.C. is a Utah law firm providing legal services to individuals and businesses in Utah, the Mountain West and across the United States, including Salt Lake City, Draper, Sandy, South Jordan, West Jordan, Lehi, Provo, Orem and Spanish Fork. Our lawyers provide civil litigation, trial and appeal work to clients in federal and state courts throughout the United States. We provide litigation and counseling services for clients in the areas of business and commercial law, employment and labor law, health care law and family law.
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Business Formation, Organization and Planning
At Stavros Law, our lawyers have experience with assisting Utah companies with business formation, organization and planning issues. Addressing formation and organizational issues at an early stage and planning for future growth is critical to the success of any business.
Laying a strong legal foundation for your business can prevent disputes and other problems in the years to come and also ease the transition when bringing on additional partners or seeking capital infusions from third-parties. Of course, formation starts with choosing the appropriate entity for your business. Even experienced business owners can benefit from discussing entity formation with a business law attorney.
Choosing the Right Business Entity
Choosing the right entity for your business involves numerous legal and non-legal considerations. We begin business formation discussions by asking clients about their immediate and future objectives for the business. With this in mind, we can determine what entity structure will help you achieve these goals. Our attorneys take a long-term approach to business formation, thinking ahead to what may help your business grow.
Once we understand your business objectives, we can help you analyze and consider the risks, benefits and tax liabilities of different business entities, including:
Sole proprietorships
General partnerships
Limited liability partnerships (LLP)
Corpations
Limited liability companies (LLC)
Privately or closely held companies must set up ownership in a manner that provides for an orderly transition of business, including terms for the eventual sale of stock, voting trust provisions, and valuation provisions for death, disability and retirement of a principal. We can draft buy-sell agreements and other contracts that will accomplish this for your company without interrupting business operations.
We can also help you clean up and organize an existing business, work with you to develop and implement appropriate organization structures to operate your business moving forward, and assist you with planning activities and other functions incidental to your business.
The attorneys at Stavros Law, P.C., provide experienced counsel to Utah business owners who are in the startup phase of a new business. We can assist you with entity choice and additional organizational decisions. For more information about our business formation, organization and planning services, please contact our office for a free initial telephone conference at (801) 758-7604, or contact us online.
Starting a Business
Every dollar counts and every decision can be pivotal if you have decided to start a business in today's challenging economy. One of the best next steps you can take is to work closely with a Utah business lawyer committed to understanding your plans and goals, presenting legal options and obligations in clear terms, and working efficiently to help lay the groundwork for your lasting success.
Stavros law has built strong, enduring relationships with numerous successful entrepreneurs and start-up companies throughout Utah. He combines extensive practical business knowledge gained as a founder of our law firm with in-depth understanding of the best solutions for:
Operating a Business
Once you establish your sole proprietorship, partnership, limited liability company, corporation or other business entity, you can count on Stavros Law for responsiveness and guidance in the years to come. Our lawyers have clear strengths in areas ranging from all aspects of employment law, to regulatory compliance and aggressive representation of our clients in contract disputes and other types of business litigation when such challenges arise.
Starting a business from scratch or deciding to take a growing sideline to the next level is a major step. You may have all the skill, market knowledge and initiative you need to succeed, but legal considerations have major implications as well. An attorney with extensive experience handling startups — including business entity selection based on careful analysis of your needs, goals and risks — can be a critical asset.
The lawyers at Stavros Law take pride in delivering clear legal guidance and innovative solutions for each business client we serve. To discuss your business plan, entity selection options and other concerns, we invite you to schedule a free telephone consultation by calling (801) 758-7604 or contacting us online.