So many business entrepreneurs believe that forming a new business is as simple as downloading a few forms and paying some fees to the State of California. Forming a new LLC, S Corporation or C Corporation provides extensive legal protections that seperate you, the person, from the business entitity itself from the perspective of liability.
The organization of your new business should be based upon careful reflection, and the advice and counsel of experienced business and tax attorneys who can help you to structure the most profitable short and long term strategy for your new company. There are several important quesitons to consider, and you won’t find that information on a download site or on the internet.
California law provides outright protections for minority business interests that provide a considerable advantage to those positions if not addressed in the corporate documents. What happens to the business if one of its founders dies, becomes incapacitated, or goes through a personal bankruptcy or divorce? How will new investment be brought in during times of challenge or growth?
If you are forming a new company in San Diego we invite you to call us for a free and substantive consultation at 866-631-3470. Learn more about the important steps that must be taken to ensure that your company survives, and prospers.