Business Planning and Entity Formation

We have worked with many of our business clients from their inception and have provided valuable assistance in planning the structure and addressing their anticipated operational needs.  An appropriate organizational structure is critical to all businesses, whether they are family businesses, emerging companies, or professional organizations, and whether they are owned and capitalized by one owner or many.

Selecting the optimum form of business entity can achieve tax efficiencies for the business and help position it for future growth and transfers of ownership.  Choosing the best form of business entity requires not only understanding the different aspects of partnerships, LLC's, corporations and S corporations, but more importantly, designing a structure to accomplish the owners' specific goals, such as maintaining control, raising capital, incentivizing employees, and eventually providing for a smooth transition in ownership and management.  We bring a team approach to addressing the business planning needs of our clients, drawing on the knowledge and experience of our tax, estate planning, cooperate, finance and employment attorneys.

Partnerships, LLC's, corporations and S corporations allow for flexible business planning, but with flexibility can come complexity.  Our lawyers are prepared to utilize the flexibility offered by these different entities without undue complexity.  The end result is an organization customized to its own specific needs.

Graydon Head and Ritchey is a member of the Private Enterprise Counsel, a national network of medium-sized law firms that have a key portion of their practice focused on serving closely-held business entities.  Through PEC, we are able to share ideas and concerns with law firms from across the country to enable us to better serve our clients.