LLC Formation & Operation
We work closely with new and existing business owners to help them choose and establish the business entity structure that best meets their needs. If an LLC is the preferred entity, we assist in preparing the operating agreement by which the LLC will be governed. This agreement defines both the voting and the economic interests of the members, and requires discussion of buy-sell provisions, non-compete language, priority of distributions as well as voting rights. By assisting in preparing the operating agreement, we help you avoid disputes among members over the life of the business. As the LLC matures, we assist in refining the agreement to reflect changes in structure, management and ownership.
We assist LLC businesses that have handed its operations to new owners, with the previous owners continuing in a silent ownership capacity. We assist in LLC dissolution and distribution or liquidation of assets in the process.