Organizing Your Start-Up Business Nationally
Start-up
“Start-up” can be an electric phase for many new ventures and their founders. It is a time when you, the founder, are shaping your vision and taking risks. It is also one of the most important times to consult with an attorney, as the decisions you make could have far reaching legal effects. Contact the attorneys at Penwell Law to talk about your venture. We’re here to help you navigate the start-up phase like a seasoned entrepreneur.
Business Organization
So what will working with us to start your business look like? We listen first. Our priority is to gain a deep understanding of both your short and long-term goals for the venture so that we can design a legal solution that helps you reach those goals. You’re not simply a few billable hours to us. Instead, we want to earn your trust, become an integral part of your company’s team of experts and assist you through all the phases of your business.
After we understand your goals, we will work with you through the pre-formation and tax planning process, so you can best structure your entity for success. This will include helping you select an entity type, be it a sole proprietorship, general partnership, limited partnership (LP), limited liability company (LLC), corporation or “s” corporation. With that decision in place, we’ll work to draft and negotiate your entity’s organizational documents, including articles of incorporation, bylaws, articles of organization, operating agreement, partnership agreement, and limited partnership agreement.
Shareholder, Founder & Voting Agreements
When getting a new enterprise off the ground, it is often good practice for the owners to discuss and agree upon a number of key issues that are critical to safeguarding the future of the new company. These arrangements are better put in place early on in the life of the company, as the goal is to prompt an open and honest discussion of the plans and expectations of the individuals involved with the start-up, minimizing the likelihood of surprises later in the life of the company.
The business attorneys at Penwell Law will work with you, your founders and management team to understand those goals and expectations and then draft and negotiate founders agreements, voting agreements, shareholder agreements, buy-sell agreements and the like to best position your new company for growth and success. We also can advise you and your new company in all aspects of business succession planning to ensure the goals for your business are carried forward.
Capital Raising
The business attorneys at Penwell Law have substantial experience advising start-up and emerging companies on raising capital from a variety of sources, including seed capital, angel investments, venture capital, private equity, debt financing and initial public offerings.
If all of that seems a bit overwhelming, we get it, because we’ve been there. We understand the decisions you need to make and risks you need to take as an entrepreneur because we’ve made those decisions and taken those risks. So let us help. We’re here to listen and provide you with innovative legal advice based on a combination of legal expertise and a long history of entrepreneurial experience.
Contact the Penwell Law Team!
We’re here to walk you through all the options for buying, selling or growing a business. No transaction is too big or too small. We routinely handle transactions in excess of $10 million, but we’ve also assisted clients with $5,000 acquisitions. For us, it’s not about the deal size. It’s about helping our clients achieve their goals. Contact us today for a no-cost consultation. You can also book a no-cost consultation directly with any member of our team here:
