Business Formations

Business Formations

Oregon is famous for its entrepreneurial culture, start ups, and innovative thinkers.  You want to get in on this; after all, isn’t the family honey farm perfectly suited to take advantage of the local 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?

You should have lots of questions.  Questions we can help you with like: Is an LLC right for me?   What is an S-Corporation?  What risks are there in a partnership? What should I do now?

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 an experienced business attorney from the very beginning, helping ensure your business formalities and other matters start out on the right foot and you’re set up for long-term success.  Call us for help!

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

Business Formations Blog

So You Want to Be a Landlord…

Many people consider owning and renting their real estate to tenants to obtain additional income streams and long-term investment.  This is a great idea if it works out as planned. However, both residential and commercial landlords assume significant risk and

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