Business Formation
Here to help you during the most exciting time of your business journey.
If you are ready to form your business and begin your entrepreneurial journey, we are here for you. During our Business Solutions Meeting and Entity Design Meeting, we will learn all about your business and your needs. We will help select the right entity type for you, and we will design the entity structure and documents in a way that meets your needs and accomplishes your goals. We offer comprehensive business formation packages that cover everything you will need to get your business started. We get rid of the guesswork and handle the complicated legal documentation for you so that you can focus on the most important aspects of getting your business up and running.
Things that we focus on include:
- Helping you choose the right entity type and structure for your business;
- Drafting important governance documents that describe how your business will operate, what the obligations of the owners will be, and how the owners will get paid.
- Giving you the absolutely essential information about running your business in a way to maintain liability protection and not take actions that could result in personal liability for owners or operators of the business.
- Designing, drafting, and/or reviewing buy-sell agreements.
- Working on documentation for contribution, purchase, or lease of assets, equipment, and real estate.
- Mergers and acquisitions.
- Entity restructuring.
- Preparing the initial contracts and agreements that your business needs to get up and running.
- State filings.
- Documentation regarding capital raises through founder debt.
- License and permit issues.
- Initial office purchase or lease documentation.
- Pitch deck review.
- Stock purchase and/or vesting agreements.
Three Easy Steps to Get Started
Step 1
Book and attend our Business Solutions Meeting
In this session, we will learn more about your business and your entity needs and prepare our Business Solutions Plan. We are confident that we will be a good fit for most businesses. If we are a good fit for each other, after the Business Solutions Meeting, you can engage us to move forward with the plan.
Step 2
Entity Design Meeting
This is where we really dive in to learn all about you, your business, and the plan and/or documents we will be designing so that we can carefully craft everything to meet your needs. We will collect all of the information we need to design your entity. After the meeting, we will carry out the design and draft the documents.
Step 3
Complete the Formation
Next, we can make any necessary changes to the documents. We will walk you through the process all the way to execution so that you can be confident at every step of the way.
Business Formation Matters
Absolutely. At our Business Solutions Meeting, we will determine what the right entity is for your business needs. We typically form LLCs (Limited Liability Companies) as well as Corporations, Limited Partnerships, professional entities, and nonprofit organizations.
You should never use free online forms to form your business. I also do not recommend using a budget legal template provider to form your business. Why? Because it makes you do all the work that a lawyer would normally do, and you aren’t a lawyer. You will have to make your own decisions about what entity type is right for you, how to structure your entity, and how to set up voting, profit-taking, and asset contributions… all on your own. You will have to figure out how to customize their basic templates to fit your needs, and then you will have to figure out how to fill them out correctly. The budget legal template provider puts all of the lawyering burden on you, and if you don’t get it right, there can be disastrous consequences. Finally, the budget legal services provider doesn’t provide you with the essential information that you need about how to run your business in a way to maintain liability protection, which is the whole reason you are forming a business entity to start with.
Of course. It is extremely important for you to set clear expectations on how your entity will operate, how voting will work, how asset contribution will work, and how the owners will get paid.
Definitely. We are happy to help.
At your Business Solutions Meeting and Entity Design Meeting we will collect all the information we need to determine what contracts and agreements may be helpful for your business.
We have several different all-inclusive business formation packages with different levels of service, options and extra benefits. We will discuss the different packages at your Business Solutions Meeting, and you can choose the one that best suits your needs.
On our end, the amount of time the legal work will take will depend on the package your select and how complex your formation will be (i.e. how many owners, asset contributions, employment agreements, and financing issues will need to be handled as part of the formation). Single-owner formations with no asset contributions, financing issues, etc. can generally be completed on our end in about a week, plus the time it takes for the state to process your paperwork. More complex formations can take longer. The State of Texas generally processes your paperwork within 30 days.
Absolutely. At our Business Solutions Meeting we will determine what your needs are and what company documents we are working with to come up with a plan that works for you.
Certainly. We can handle the entire process of documenting the sale and we can even help you with the due diligence process.
Yes. We can help with your merger and acquisition issues as well.