Suffolk County Business Formation and Operations Advice
While forming and registering a new business has never been easier, downloading a set of corporate organization forms cannot substitute for the continuing advice of an experienced business lawyer. For a full understanding of the risks and opportunities involved with the formation and operation of any business, contact a knowledgeable attorney at the law office of Anthony M. Parlatore in Setauket.
We can help match your business entity to your management style
The main point of business formation is to create a new legal entity that will absorb personal liability risk from you and your ownership group. Different business forms have different advantages and disadvantages, however, and our advice can help you make the choice that's right for you.
Whether you end up creating a business corporation, a subchapter S corporation, a professional corporation, a limited liability company, or any of several forms of partnership, you can depend on us to see that your new organization is properly organized and registered. We'll also advise you about the rules of corporate or partnership governance that will apply to your new company unless you choose different approaches through bylaws, operating agreement terms, or other organizational instruments.
Special relationships, understandings or commitments between partners or members of an equity group should be expressed clearly in a partnership or shareholders' agreement, which should also anticipate and address such contingencies as death, divorce or insolvency as well as growth and expansion. Our attorneys' experience with the needs of growing businesses can help you avoid the problems that can tear apart an ownership group just when the real money is starting to flow.
We serve as general counsel to small businesses in Suffolk County
We can advise you about business formation, operations and major transactions in any of the following situations:
- Family businesses, including restaurants, retail operations, service companies, and franchises
- Professional practice groups in medicine, real estate, accounting, and law
- Residential and commercial property developers, real estate holding companies, building contractors and rental management companies
- Mergers, joint ventures, purchases and sales of significant business assets
- Corporate governance or management succession issues
Our advice can help you avoid litigation risk either within your ownership group or with third parties, but if any dispute threatens to wind up in court, our litigation experience can help you find a cost-effective solution to what might end up as an expensive problem.
With more than 35 years of practice on Long Island, we have a good understanding of the needs and problems of Suffolk County businesses. To learn how your new or established company can benefit from our experience, contact the Setauket firm of Anthony Parlatore, Attorney at Law.