BUSINESS START UP
Setting Up Your Business
Starting a business requires thoughtful planning. The decisions you make today will set the course for your future success. We have helped business owners across Mississippi with start-up and restructuring issues. Whether you are building a convenience store, starting a restaurant, or any other business, we have the legal experience to help you.
Business Acquisition
There are generally two ways to purchase a business – stock purchase or asset purchase.
A stock purchase occurs when you buy an existing company. In a stock sale, the acquired company and its operations remain intact. Only the ownership changes. You assume existing liabilities and contractual obligations. With an asset purchase, you are only purchasing the assets. This means you will file a separate tax return and keep separate records from the selling company.
There are pros and cons to either choice. We have the experience to help you make the best choice and guide you through the process through the closing.
Choosing the Corporate Structure
You have choices when it comes to selecting the best business structure for your organization. Therefore, it is important for you to understand the different entities that are available. We will meet with you to discuss your vision for your company and help you determine which type of entity is best for you. These choices include:
- Sole proprietorship
- Partnership
- Limited liability company
- For-profit corporation
- Not-for-profit corporation
- Family limited partnership
- S-Corporation
- C-Corporation
Business Services
Once your business is up and running, we will continue to provide the legal services you need for your business to be successful.
For more information on our small and startup business services, click here.
Contact Us
To discuss how our firm can assist your company with a business needs, contact us by email or call 601-957-3101.
Setting Up Your Business
Starting a business requires planning. The decisions you make will set the course for your future success. We help businesses across Mississippi with start-up and restructuring issues.
Whether you are starting construction or buying an existing business, we will help you with picking the best corporate structure and drafting the appropriate operational documents.
Business Acquisition
You can acquire an existing company by buying all or a controlling interest in the company’s stock. With a stock purchase, the company and its operations remain intact. Only the ownership and control changes. The existing liabilities and contractual obligations remain.
With an asset purchase, you are only purchasing the company’s assets. The new company will file a tax return and keep separate records.
We have the experience to help you make the best choice. We will guide you through the acquisition process, from the initial negotiations to the definitive agreement and closing.
Corporate Structure
You have choices when selecting the best business structure. These include:
- Sole proprietorship
- Partnership
- Limited liability company
- For-profit corporation
- Not-for-profit corporation
- Family limited partnership
- S-Corporation
- C-Corporation
Ongoing Business Services
Once your business is up and running, we will continue to provide the legal services you need to succeed.
For more information on our small and startup business services, click here.
Contact Us
To discuss how our firm can assist your company with its business needs, contact us by email or call 601-957-3101.