Business Organization

Aspiring entrepreneurs and existing businesses face the challenge of keeping up with an ever-changing business and legal marketplace. Oftentimes, individuals rush through the initial formation process without much thought, thereby setting themselves up for failure either financially or through lawsuits. Existing corporations and partnerships similarly fail to adequately protect their assets through the use of a sound litigation avoidance or risk management plan.

At the O'Connor Law Firm we act as business advisors and advocates for a variety of clients from Artists and Entertainers, to Real Estate syndicators. We provide clients throughout North Carolina with a consolidated platform of knowledge and experience, and work with corporations, partnerships, nonprofits, and other business entities to develop realistic business plans and marketing strategies for success. We recognize that you understand how to efficiently run your business, however, it is important to work with an experienced business formation attorney to address business start-up logistics. We analyze your business objectives and help you determine which form of business entity is appropriate. We focus on maximizing your profits and minimizing tax liability. We are experienced handling all forms of business entities, however, the more common business choices involve:

Partnerships

Corporation (C-Corp or S-Corp)

Limited Partnerships

Limited Liability Company (LLC)

Limited Liability Partnership (LLP)

In addition to evaluating entity selection, we help business professionals in accurately completing business incorporation documents, partnership agreements, operating agreements, contract formation, and other business start-up documentation. We ensure you comply with business formation filing requirements and resolve other issues surrounding the establishment of a new business.