Business & Corporate Legal services

Why Do You Need To Incorporate? 

Incorporating your venture may be one of the best decisions you can make to protect your private assets as a business owner.  A corporate structure creates a corporate veil that – legally – will separate personal assets from a business’s assets and liabilities (debts).  Your investment into a corporate veil can prevent lawsuits and other adverse actions against your business from targeting the personal assets of the business owner; such as personal savings, investments, home, retirement, and other personal valuables.

 Why You Need a Lawyer When You Start a Business

Below are some examples of how our law firm can help you start your business and be a trusted partner for years to come. 

• Autonomy

     With many business entities, the things you don't decide are decided for you. Most states have adopted "Uniform Laws" that fill in the gaps for business entities where their charters, by-laws, and other organizing documents are silent. You may be subject to a whole set of laws and regulations that you don't even know exist.

• Liability     Different business forms provide different protections and risks to the business owner/investor. Personal liability means that your business puts everything you own at risk.  An attorney can help you avoid this situation or minimize your risk. 

• ​Multi-State Business

     The preconditions to forming and conducting a business entity in one state  may not be accepted in another state. If you are not careful, the protections         you have in your home state of operations may be lost if you do business in         another state. ​

• Strict Conformity

     With some business entities you must strictly conform to the state law     governing that business form, or you may lose the benefits and protections of       those laws. 

The laws that apply to start-up businesses differ based on the specifics of the situation. The person, or persons, starting the business have many options to protect themselves from personal liability for business debts and obligations

​Putting Gennaro Law in your corner will provide you with a 'round by round' fight plan

What is the Right Business Formation

The choice of business formation often dictates the legal responsibilities and potential liability of those involved in leading the business, as well as the manner in which it may operate.  Furthermore, there are other options within these entities that determine things like double taxation and liability for the acts of partners to be hit with.

• ​​​Sole Proprietorship 

• Partnership,

• Limited Liability Company (LLC)

• Corporation

• S-Corporation 

• Non-for-Profit

Registering, Licensing, and Permits

Some business entities are required to register with the Secretary of State in order to be recognized. Even businesses that are not required to register may be required to obtain licenses or permits.

           Local Business Licenses

            DBA – Doing Business As – filing a Fictitious Business Name          

Intellectual Property

 It is important to protect your branding.  That is why it is important to trademark your companies personal brand, its name, and its logo.  It is what makes your business venture stand out against your competition.

Outside General Counsel - Day to day contracts

Contracts: Most businesses use contracts for space, services, and supplies, as well as agreements between partners, investors, and employees. It is important to get your contracts correct in order to avoid litigation.  

Capital Raise

Companies often need to raise money, keep records of income and distributions, and behave in a fiscally responsible manner. Different business entities may require different procedures for raising capital and making distributions.