When starting a business there are a number of financial, tax, insurance, and liability issues to consider. At The Gilliford Law Firm, Chtd., our attorneys that specialize in business formations discuss the advantages and disadvantages associated with different kinds of formations, as well as explaining the financial, legal, and tax issues involved with your specific choice of legal entity. We review and advise clients regarding not only the initial articles of incorporation, but the new company's Bylaws and/or Operating Agreement, as well as all necessary internal corporate documents and agreements, and all employee materials to protect you and your business. Our office prepares and files all necessary papers and documentation, relieving you of the added burden of time-consuming paper work.  The paper work, if done incorrectly can create delays and potential legal complications, including exposing yourself and your partners to liability.

Save time and money while knowing your business is positioned to take full advantage of legal and tax allowances within the law. Contact the Kansas business formation attorneys at The Gilliford Law Firm, Chtd. and schedule a free consultation today. Located in Overland Park, we help businesses throughout the State of Kansas, and maintain attorneys on staff that assist clients in the western part of Missouri.

Understanding Business Formations

Starting and/or expanding a business is a complex process, where careful consideration must be taken as to the advantages and disadvantages of each type of business formation. The business attorneys at The Gilliford Law Firm Chtd. understand the common pitfalls that "start-up" businesses often fall into without the appropriate strategic legal planning.

Our Business Organization and Entity Formation attorneys help clients incorporate and choose among the following types of Business Entities:

•  Sole Proprietorship
•  Partnership
•  Limited Liability Partnership (LLP)
•  Corporation (S and C Corp's)
•  Limited Liability Company (LLC)

Considering Liability: Protecting Yourself

A number of small businesses begin when two friends or family members decide to go into business together. Built on trust and unwritten agreements, what started out in a spirit of good faith can end in serious legal trouble when obligations and responsibilities are not adequately accounted for in the initial bylaws, Operating Agreement, and Buy-Sell Agreement. Without clear rules and procedures for handling money, malfeasance on the part of your business partners could leave you legally liable for any violations of the law or financial improprieties, as well as destroy long term relationships with your partners.

As your business formation lawyers, we meticulously review the corporate bylaws or operating agreement, and help in identifying legal arrangements that provide transparency and clear lines of responsibility. We protect our clients from liability and ensure they are appropriately indemnified.

Helping Businesses Grow

Each stage of a Business' life cycle offers different legal challenges. The attorneys at The Gilliford Law Firm Chtd. work with their clients to put in place legal entities, guidelines, and procedures which are appropriate at each stage of a Business' life. How you choose to take advantage of certain allowances within the law can add value to your bottom line. Taking the right steps when getting started can make all the difference in the world. To learn more about how we can help you and your business, contact the Kansas business formation attorneys at The Gilliford Law Firm today.