Do I need legal help when buying or selling a business?
Yes. Legal guidance ensures:
Proper documentation of the agreement to sell, and the transaction itself
Management of risk
Smooth transfer of ownership
We strongly prefer to involve your accountant early in the process to maximize the tax efficiency of the deal.
What is business succession planning?
Succession planning prepares for the transfer of ownership or management of your business in the event you retire, become disabled, or pass away, ensuring long-term stability.
When should I form a business entity?
It’s best to form an entity before beginning operations to ensure proper legal and liability protection.
Should I form an LLC or a corporation?
The best choice depends on various factors, particularly your:
Business structure, such as the number of owners or investors and its intended purpose
Tax considerations
We can help determine the right fit for your situation. We strongly prefer to involve your accountant in the decision.
Kendricks Bordeau, P.C. is pleased to announce that attorney Laura Katers Reilly will join representatives from Range Bank to lead a Business Succession Planning Lunch & Learn program focused on business succession planning. The program is design… Read More