Oregon is famous for its foodie-centric culture and its thriving farmers markets. You want to get in on this; after all, isn’t the family honey farm perfectly suited to take advantage of the locavore movement? You’ll be working with your sister and cultivating your product as a side business while you work a day job. Pretty easy, no?
Well, maybe. That’s just an example, of course, but it makes an important point: When you’ve got a lot of factors intertwined, as every business does, it makes it harder to ensure you’re forming your business correctly. What does it mean to be working with another person, or to start a side business that may not generate profit from the start? Is an LLC right for you? How can you be sure you’re making the correct choice from the outset?
The short answer is you can’t without specialized knowledge. That’s why you need a business law attorney from the very beginning, helping ensure your business formations are correct and you’re set up for long-term success.
Underwood Law assists its clients with Business Formation needs by providing seasoned legal advice regarding:
- Appropriate Entity Selection
- Corporate Formations, C-Corporations, S-Corporations, Non-Profit Corporations, Limited Liability Companies (LLC), Partnerships, & Sole Proprietorships
- Tax Planning, Compliance, and Mitigation Strategies
- Operating Agreement and/or Bylaw Preparation
- Asset Purchase and Buy-Sell Agreements
- Business Liability Mitigation
- Federal and State Licensing Matters and Compliance
- Obtaining Federal Employer Identification Numbers (EIN) and Business Identification Numbers for Oregon (BIN)
- Avoiding the Probate of Business Assets Upon the Death of an Owner with Effective Formation Planning
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