Selecting The Appropriate Entity For Your Business

Selecting the right form of business organization during a startup can provide many benefits, both in the near term and over time. With the right legal structure, an entrepreneur can limit his or her risks, minimize taxes, and avoid conflicts with other partners or investors. The wrong structure on the other hand, can result in a higher tax burden, reduced cash flow, or an irresolvable ownership dispute.

Coodin & Overson, PLLP, is a business law firm that has helped many businesses establish themselves, thrive and prosper. These have included one-person startups, family owned businesses and multimillion-dollar corporations.

We can address all your business or corporate formation needs, including the creation of:

  • Corporations (Sub-Chapter C and Sub-Chapter S)
  • Partnerships
  • Limited liability corporations (LLC)
  • Limited liability partnerships (LLP)
  • Professional entities and associations

To learn more about the various business entities, read our business organization structures article.

Contact us to schedule a free consultation with a knowledgeable LLC attorney.

The Right Solution for You

When it comes to questions of business and corporate formation, there is no one answer. What is right for one business may not be the optimal legal structure for another.

Our attorneys will work closely with you to understand your near term business objectives, your long-term business plan, your source of financing and other factors. Then we will recommend the business structure which best fits your needs.

In addition to determining the right structure and drafting and filing the necessary documents, we can provide additional services such as assisting in the annual meeting and meeting resolutions and resolving disputes between shareholders or partners.

Our firm can also assist in:

  • the transition of a sole proprietorship to corporation or other business entity
  • the dissolution of a partnership or corporation
  • the re-structuring of an entity to accommodate a new shareholder or partner

Committed to Your Success

Our firm's work does not end on the date of the incorporation or the partnership agreement. We regularly visit our clients' businesses to understand their needs and to assess potential areas of legal risk.

This close cooperation and knowledge of a client's business operations enables us to provide additional business law services efficiently and affordably. We can draft or review contracts, advise on a business merger or acquisition, and provide advice and services in many other areas.

Coodin & Overson, PLLP, is committed to your long-term success.

Free Consultation With a Lawyer

For more information about a business or corporate formation, call Coodin & Overson, PLLP, at 651-319-5180.

Located in Lake Elmo, our firm advises and represents clients throughout the Twin Cities and Minnesota.