Business Law Overview: Legal Services to Protect Your Business or Partnership
Owning and operating a business takes hard work and discipline. Good legal planning can help protect your business investment. Serving Windham County, Connecticut and surrounding counties, the Northeast Law Center provides experienced business law attorneys who can navigate the business law issues that arise when you are setting up and running your business.
Supported by decades of experience practicing business law, we help companies throughout Northeastern Connecticut and beyond – assisting with entity formation, Secretary of State filings, and the transactions required when setting up your business.
We also assist established companies throughout Northeastern Connecticut and beyond to solve business issues, partnership issues, employee issues or advise on complex business decisions. Northeast Law Center has seasoned attorneys with decades of combined experience in business law who understand the complexities of business operation and ownership.
Business Law: Corporate Transactions, Legal Planning & Litigation –as well as Buying, Selling or Passing your Business on to Heirs
Other aspects of our business law practice include corporate transactions for buying, selling, managing and starting businesses. In addition to providing legal advice for making such decisions, we can prepare corporate documents and negotiate with partners, employees, and vendors on a client’s behalf. We draft and negotiate business contracts, buy/sell agreements, partnership agreements, asset purchase agreements, non-disclosure and non-competition agreements, employment agreements, and more.
Our experienced business law attorneys also provide a myriad of business services not mentioned here. The following list of business law practices represents just a portion of our business law practice areas.
- Management and preservation of business assets
- Business liability protection strategies
- Business fiduciary duties
- Business structuring, buy-sell agreements and rights of refusal
- Separating business ownership and control
- Business entity status, subchapter S elections, limited liability companies (LLC) and family limited partnerships
- Employee ownership structures
- Business asset protection planning
- Business planning for when and how to sell your business
- Company formation
- Choice of business entity
- Structuring of a business entity
- Purchase or sale of a business
- Business ownership issues
- Sales and disposition of businesses
- Business dissolutions
Succession planning of business entity
- Collection actions and contract enforcement
New Business Formation Planning to Fulfill Your Vision and Protect Your Assets
Each business is unique. There is a vision for the future of every company. When starting a business, it is essential to choose the right type of entity. We help entrepreneurs select and organize the entity best suited for achieving their immediate and long-term goals. Some options include sole proprietorship, partnership, incorporation, limited liability companies and more. It is critical to protect your new company from potential threats such as frivolous lawsuits, conflicts with partners and employees. In addition, business owners need to ensure a loved one’s access to key assets should he/she become incapacitated or pass away suddenly. Choosing the right type of entity or incorporation is a significant way to protect your family, business and employees.
Our Business Law Attorneys Help Companies Manage Their Day-to-Day Operations
While it can be rewarding to run your own business, it can also be difficult to keep everything operating smoothly – especially when you are successful. There are countless things to worry about, including basic legal transactions. Making the wrong decision – or forgetting to make one – can cause a lot of future problems. Working with us is like having your own in-house attorney on staff. We can handle your recurring legal matters, so you can focus on what needs your attention. Below are just some of the services we can provide:
- Applying for licenses and permits
- Filing Secretary of State reports
- Ensuring that proper managing/hiring/firing practices are utilized
- Documenting corporate meeting minutes
Contracting and negotiating with vendors
- Creating and negotiating customer contracts
- Updating corporate and shareholder agreements
- Submitting IRS forms or handling audits initiated by the IRS
- Commercial real estate closings
- Executive and employee contracts
- We offer many more services – please ask us about your business needs!
Business Law: Transferring or Selling your Business
Determining how much you ultimately earn from your business depends on many factors; but a key factor is the manner and timing of your exit from the business. If you plan to pass your business on to members of your family, you must be sure that they have the capability and desire to manage it. In some cases, it may be best to sell your business to employees or an outside party. No matter how you decide to transfer your business, we can help with that business succession goal. Our business law attorneys have the experience and expertise in business law to help you accomplish it in a way that benefits you to the highest extent possible.
Business Law: Planning the Ownership Transition of a Family-Owned Business
Many family-owned businesses are dependent upon the hard work and vision of the founding member. Family-owned business succession planning is a pathway towards future business ownership transfer. In this case, the founding member chooses to leave a proud legacy by carefully planning an exit strategy. In some cases, the business succession planning is ignored until the founding owner passes away and the business becomes embroiled in probate court. Our attorneys protect the founding member’s business and family members by managing the creation and adherence to the exit strategy.
There are three main steps to successfully transfer a business: 1) create an exit plan, 2) implement the exit plan, and 3) manage the exit plan’s follow-through – which may be necessary in order to keep the business operating profitably under the new owner. Our business law attorneys at the Northeast Law Center can help with business succession planning or other ongoing ownership transition issues.
Business Law: Business Litigation to Protect and Defend You
Our business law attorneys have experience resolving business disputes, such as, but not limited to, disputes between partners, breaches of contract claims, and much more. Whatever is required to resolve the dispute – whether it is skilled negotiation or aggressive litigation – we will work to protect both your business and personal interests. (For more detail, see our Litigation practice tab)
Let's Get Started - Reach Out to Us at the Northeast Law Center
We practice law in all Connecticut counties including Windham, Tolland, Litchfield, Hartford, Middlesex, Fairfield, New London and New Haven; we also practice law in New York and Massachusetts. To learn more about the many elements of our business law practice and how we might help you, connect with us today by clicking here Contact Us to find the form on this website. Fill it out and send it in. Or just call us at 860.928.2429. Ask us about or convenient remote law services.