Cleveland Heights Business Formation Attorneys

If You’re Considering Starting a New Business,  Contact Our Cleveland Heights Business Formation Attorneys

Starting a new business is an exciting time, but it can also be quite intimidating. There are so many questions that need answers, and the legal questions often take a backseat to questions involving how to grow your business and turn a profit. Unfortunately, failing to form your business properly can lead to problems down the road that may be costly and difficult to solve. 

At Niekamp, Weisensell, Mutersbaugh & Mastrantonio, LLP, our legal team understands the risks and rewards of starting a new business, and we want to help you succeed. If you’re starting a new business in Cleveland Heights and would like to discuss some options, contact us to learn more about how a Cleveland Heights business formation attorney can help you.  

A Good Start is the Best Beginning

Getting off on the right foot is important when it comes to any undertaking, but especially for a new business. Making a good start can save you time, money, and effort down the road, and help your business grow in those critical early years. 

Our business formation lawyers use their knowledge and skill to help structure your business in a way that makes the most sense for you. We understand the challenges you face and the value of good advice for company owners. We can help you prioritize your goals, understand your options, and recommend what we think is the best direction for you to take your new business. 

What Type of Corporate Structure is Right for Your Business?

One of the most important steps in business formation is deciding what type of corporate structure is right for your business. In Ohio, you have the following options: 

• Sole proprietorship
• Partnership
• Limited Liability Company (LLC)
• Corporation

Each of these types of business entities has advantages and disadvantages – there is no entity that is “best” for every type of business. You need experienced legal advice to help you consider the following: 

• Tax implications – How will your business be taxed? How will you be taxed? 
• Liability exposure – Who will be responsible for the debts of the business? If your business gets sued, who will have to pay the money judgment?
• Formation costs and ongoing expenses – What will it cost to set up the corporate entity? What will you have to pay yearly to maintain your corporate status?

How We Can Help You Start Your Cleveland Heights Business

Thanks to the internet, many business owners think they can simply fill out some forms online to start their business. While this may be true in a very limited sense, an experienced business formation lawyer does much more than just print and fill out forms. Our business lawyers help you start your business by providing the following services: 

• Drafting your foundational documents. We draft documents specifically tailored to your business rather than fill out one-size-fits-all forms that often have several shortcomings that aren’t immediately apparent. This includes partnership agreements, shareholder agreements, operating agreements, bylaws, articles of incorporation, employment agreements, and any other contracts you may need to start your business. 
• Handling tax questions. We’ll help you understand the tax issues your business will have to deal with and develop strategies to help you minimize your tax exposure. 
• Review and negotiate startup contracts. As a new business owner, you will be focused on developing new clients and customers. Too many business owners make the mistake of signing one-sided contracts that become problematic later on. We can help you by identifying the potential pitfalls and negotiating an agreement that is fair for both sides. 

Contact a Cleveland Heights Business Formation Lawyer 

Consulting with a business formation lawyer is not just a cost – it is an investment. The time and effort that you spend on starting your new business will hopefully pay dividends down the road. The business formation lawyers at Niekamp, Weisensell, Mutersbaugh & Mastrantonio, LLP have the knowledge and experience you need to get your Cleveland Heights business started on the right foot. Contact us to discuss your business and how we can help you.