Starting a business can feel like a risky proposal. There are many choices that have to be made and getting any of those choices wrong can have a huge impact on the success of the business. One of the key choices that need to be made at the outset of building a new business is what type of entity that business will be formed as.
Limited liability companies (LLCs) offer entrepreneurs a number of advantages that have helped LLCs become one of the most relied-on types of business entity. The advantages offered by forming as an LLC include:
- Tax benefits: The owner or owners are taxed individually rather than through the business. This avoids double taxation.
- Protection from personal liability: This means that your personal property and assets are protected from most liability incurred through the business.
- Easier record-keeping requirements: The record-keeping requirements of an LLC make it much easier to maintain compliance.
Decades Of Experience Serving The Needs Of Our Community
At Kelm & Reuter, P.A., we are able to offer seasoned business law counsel on the advantages of choosing to form a business as an LLC. We have been serving the needs of the business community in our area since 1989. Our attorneys bring together more than 75 years of combined experience. We are committed to helping entrepreneurs in completing all of the necessary steps for them to be able to operate as an LLC including drafting:
- Articles of organization
- Operating agreements
- Member control agreements
LLC Formation Attorneys Serving St. Cloud And The Sauk Rapids Metropolitan Area
Securing experienced commercial law counsel should be the first step you take in beginning your next business venture. Turn to the attorneys of Kelm & Reuter, P.A., for skilled guidance you can rely on. To schedule a free initial consultation, call 320-247-4632 or contact us online.