When you become a business owner, you are committing a large portion of your life to the growth and success of your venture. Owning a business is not a job; it's a lifestyle. That means just as you would plan your estate for your family, you should also lay the groundwork and plan appropriately for your business.
Ensure the foundation of your company is strong by seeking the counsel of Chuck Roulet, an experienced Minnesota business services attorney for advice concerning starting your own business.
Your Minnesota Business Entity
No two businesses are created equal, which means not everyone will operate under the same entity. The Minnesota business entity formation decision that you make can affect personal liability, tax consequences, and profit margin. (See "Minnesota Businesses Need the Proper Entity") Which one should you choose? Chuck Roulet will look at your unique enterprise and then discuss some of the following business entities:
- Limited Liability Company (LLC)
- Limited Liability Partnership (LLP)
- Professional Corporation (PC) or Professional Association (PA)
- Sole proprietorship
- General partnership
- C Corporations and S Corporations
The benefits and disadvantages of each entity may seem tough to comprehend, but Chuck will explain them in simple, easy-to-understand language. The goal is to protect your company in a way that you completely understand and feel comfortable with.
Contact Minnesota Business Attorney Chuck Roulet
When you are interested in getting the legal framework in place for your new business, you need someone to weigh your options from a legal and practical standpoint. Maple Grove lawyer Chuck Roulet has over 15 years of experience in all areas of business law and as a business owner himself, he understands your needs. Contact Roulet Law to schedule your business consultation at (763) 420-5087.