Organization Attorney in Utah
Taking the leap to finally start your own business is exciting and exhilarating, it can also be one of the most challenging and stressful times in your life. You probably have a checklist of everything you need to do that seems to grow longer and longer every day. Matters like establishing a company bank account, office space, inventory and a workforce are all incredibly important things that need your attention, but there are a few legal provisions you need to have in place before proceeding with your business venture.
It is important to do things right whether you are just starting a new business or are well-established in Utah to ensure you, your personal estate and your new business are secure and legally protected. Why risk going it alone? Make certain you and your assets are protected and you are operating your business within the law with an experienced business attorney. Finding the right business attorney is like having a partner with extensive knowledge in business organization and tax law to help steer you into the future and through any unforeseen challenges.
Utah-based attorney, Eric Froisland has 15+ years’ experience and specialized knowledge with business organization, estate planning and tax law along the Wasatch Front and throughout the Beehive State. Imagine the sense of security you’ll feel knowing you have a skilled legal advocate to confidently guide you through every stage of building your company. And the best news? Hiring Froisland Law doesn’t have to break your budget.
Choose the Best Legal
Structure for Your Utah Business
Your company’s legal structure needs to be established first and foremost; whether you are a one-person operation working from your garage or if you need a workforce in-place for production. It is important to identify the best entity formation that will be most beneficial to you and other parties with vested interest based on your current and future goals and other consequential issues like profit-sharing, taxation, and limitation of liability. Here is a break-down of the five basic legal structures:
- Shareholders (owners of the corporation’s stock)
- Board of Directors (elected by shareholders)
- Corporate Presidency including President, Treasurer, Secretary, etc.
- Officers (hired to run day-to-day operations)
Contact Froisland Law in Utah
It is vital to understand the significance of local, state and federal requirements for your industry like licensing, restrictive ordinances and permits to make sure your efforts aren’t stalled by costly fines and avoidable liability. Contact Eric or call 801.290.2130 for trusted legal counsel to help you determine the most beneficial legal structure for your business, so you can move forward with confidence and focus on all of the other details that will make your new company a success.
Let our experience be your guide