Did you know that:
- There’s not one, but four types of LLCs (limited liability companies)?
- You may be subject to a self-employment tax?
- If your business creation documents aren’t drawn up properly, you could be putting your personal assets at risk?
There’s a lot to know in the world of business law. Even in this day of free advice and cheap legal forms online, nothing replaces the knowledge of an experienced corporate attorney. You should speak with an attorney before starting up your business to make sure you have all your bases covered. Having to fix a mistake after the fact is often more expensive and difficult than creating your business properly upfront, which prevents those problems from occurring.
Valuable Legal Advice
Gem McDowell Law Group, led by Gem McDowell, assists clients with the legal intricacies of business creation and management. The firm helps clients save time, money, and avoid future frustrations by ensuring everything is done correctly from the beginning. They serve individuals and businesses in Mt. Pleasant, the greater Charleston and Myrtle Beach areas.
Choosing the Right Business Structure
Before drawing up the documents that make your business legal, you need to choose the appropriate business structure. Business structures include:
- Sole proprietorship
- Limited Liability Company
- Partnership
- Corporation
- S-Corporation
Each business structure has its pros and cons, and the structure you choose should give you the best combination of protecting your interests while letting your business grow.
Gem has created hundreds of businesses in his 22 years as an attorney. Gem would be happy to speak with you during the early stages to help you determine which structure is the best fit for your needs. They are also able to help with other legal business needs such as tax planning, business acquisition, business planning, commercial real estate, and more.
Contact Gem to Discuss Your New Business
Call Gem today at (843) 284-1021 to schedule a free consultation to discuss your new business.
