Start Your Business With the Right Legal Foundation
Starting a business involves more than choosing a name and filing paperwork. The entity you select can affect ownership, liability, taxation, management, succession planning, and the future growth of your company.
At Hoffman & Associates, our Atlanta business formation attorneys help entrepreneurs, professionals, families, and business owners establish companies with a legal structure designed around their goals.
Business Formation Services
We assist clients with the formation and structuring of:
- Limited Liability Companies (LLCs)
- Corporations
- Partnerships
- Family-owned businesses
- Professional businesses
- Holding companies
- Family investment entities
- Other closely held business entities
We can also help prepare and review operating agreements, shareholder agreements, partnership agreements, ownership arrangements, and other important business documents.
Choosing the Right Business Entity
Should you form an LLC, corporation, or partnership?
There is no single answer that works for every business. The right structure depends on factors such as:
- Number of owners
- Liability concerns
- Tax considerations
- Management structure
- Future ownership changes
- Business succession goals
- Estate planning objectives
Our attorneys help clients evaluate these considerations before selecting a business structure.
Operating & Ownership Agreements
Business relationships can change over time. A carefully drafted agreement can establish expectations before disagreements arise.
Depending on the business, agreements may address:
- Ownership percentages
- Management authority
- Voting rights
- Profit distributions
- Transfers of ownership
- Adding or removing owners
- Buyouts
- Death or disability of an owner
- Business succession
These documents can provide a roadmap for handling important events throughout the life of the company.
Business Formation & Tax Planning
How a business is structured can have important tax consequences.
Hoffman & Associates combines experience in business planning, tax planning, and estate planning to help clients consider the broader implications of forming and owning a business.
For closely held and family businesses, this integrated approach can be especially valuable.