Business Formation
Realize your dream of starting a business with our business formation attorneys
Business Formation Attorney In Cherry Hill, New Jersey
Getting Your Business Off On The Right Foot
You’re ready to turn your long-held dream into a tangible reality, but building a successful business comes with its fair share of risks and uncertainties. While we can’t resolve every logistical challenge that may arise along the way, we can certainly help protect your business from potential legal risks during its formation stage. At Boyle & Valenti Law, P.C., our dedicated team is committed to assisting you in selecting the best legal structure tailored to your unique situation and goals. With a proven track record of helping businesses launch on the right legal path, we’re here to ensure that you navigate the complexities of the legal landscape with ease and confidence.
Start your entrepreneurial journey with assurance today, knowing that you have a trusted partner by your side to help you build a strong foundation for your future success!
Call Boyle & Valenti Law, P.C. at 856-499-3335 to schedule a consultation with a lawyer today.
What Type of Business Structure Should I Choose – Corporation or Partnership?
There are several ways to structure your business. If you have shareholders and face significant risks, a corporation might be the right choice, as it protects shareholders from personal liability beyond their investment. Partnerships can carry more risk. In a general partnership, each partner is responsible for the company’s debts as well as the actions of the other partners. In a limited partnership, limited partners aren’t liable for the company’s debts, but at least one partner must remain fully liable. Before you start your business, it’s important to understand which structure fits your business model best. Reach out to one of our business formation attorneys at Boyle & Valenti Law, P.C.
to discuss your options and find the best fit for your needs.
Are There Any Other Structural Options for My Business?
Most smaller startups opt for the limited liability company (LLC) structure due to its many advantages. LLCs offer liability protection that is very similar to what corporations provide, shielding owners from personal responsibility for the company’s debts and legal obligations. Additionally, LLCs allow for remarkable flexibility in how profits can be distributed among members, accommodating various business arrangements and goals. One of the key financial benefits of forming an LLC is that they qualify for pass-through taxation. This means that profits generated by the business are taxed as personal income for the owners, rather than being subjected to the higher corporate tax rate, which can significantly reduce overall tax liability.
At Boyle & Valenti Law, P.C., our experienced business formation team is dedicated to helping you navigate the complexities of choosing the right structure for your startup. We can guide you through the various options and help you determine which structure best fits your unique needs and long-term objectives. Contact us today to schedule a consultation with one of our knowledgeable attorneys and take the first step towards establishing your business on solid ground.
Have Business Law Questions?
Contact Boyle & Valenti Law, P.C. at 856-499-3335 to speak with an attorney about how we can support your business with reliable legal guidance tailored to your goals. Whether you're starting up, growing, or navigating a challenge, we're here to help.