Business Formation / Counseling
Launching a new business can be an exciting, challenging time. Compton, Prewett, Thomas & Hickey, LLP, guides new business clients through the quagmire of paperwork and helps new businesses get the right start.
We counsel new businesses about whether to operate as a sole proprietorship, a partnership or corporation. We offer guidance about the legal and tax advantages of the available options. We draft contracts for employees, customers and suppliers. We also craft bylaws and operational agreements that will determine how the business is to be run and clarify how and when the company may be dissolved.
Once a company is formed, it requires continued legal guidance to grow and prosper. Our firm is dedicated to guiding business clients through every phase.
We take time to get to know each business client, the intricacies of the business, how it operates, and its objectives. We then can tailor proper agreements and other business arrangements, including financing and business succession arrangements, for each client. Once a plan is formulated, we help make those plans a reality by drafting appropriate documents, negotiating agreements and providing ongoing consultation.