Business: Formation
Fox, O'Neill & Shannon, S.C. provides a full range of services related to the formation and initial operation of business entities. The firm’s clients include single member businesses, partnerships, family businesses, small and medium sized corporations, limited liability companies and nonprofit entities. The firm’s most common business formation services include:
- Initial structuring of business entities, including limited liability companies, corporations and partnerships
- Advising on employment matters, including employment and compensation agreements, employee benefits, and obligations of directors and corporate officers
- Advising, drafting and reviewing documentation related to real estate transactions for the business, including office purchases and leases
- Advising and reviewing documentation regarding loan transactions, including traditional loans, credit facilities and lines of credit with banks, industrial revenue bond financing and bond issuance
- Advising on tax issues related to business planning
- Assisting on shareholder matters, including drafting shareholder agreements, stock plans, stock redemption agreements, stock issuance and advising and conducting shareholder meetings
- Forming corporations and limited liability companies in every state, and maintaining corporate records
FOS assists clients in choosing the most suitable legal structure for their business needs. Common services include advising clients of the advantages, disadvantages, liability and tax implications of available business structures, including corporations, limited liability companies, partnerships and sole proprietorships.
The firm’s goal in advising clients on business-selection issues is to determine which business structure best meets the client’s goals and needs. The attorney and the client together make this determination after discussing the business’ purpose, its intended size, and the various tax implications.
The firm’s business attorneys work with clients in drafting organizational documents, ensuring they are properly filed, complying with various state and federal filing requirements, registering business names, and obtaining trademark and copyright protection. As always, these services are provided efficiently and cost-effectively.