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Brandon Business Formation Lawyer

At Woods Law Firm, PLLC, we understand the difficulties that many prospective business owners face when making the decision to open a new business. Managing day-to-day affairs can be stressful enough, and when you couple this with ideas like "corporate compliance" and "business regulations" it can be down right intimidating. You need an attorney that is prepared to help you eliminate some of these difficulties from the beginning, and that can help you establish your business in a way that both complies with business laws and protects your personal assets from liability. 

At our firm, we are prepared to do just that. Our firm has helped countless new business owners select both the business entity and structure that best suits their current and long-term needs by providing detailed explanations of the choices they have in forming and operating their business, and the positives and negatives that each decision may have.

If you are thinking of forming your own business, please give Woods Law Firm, PLLC a call to talk to a Brandon business formation lawyer that can provide you with the guidance you need when starting your business. We will ask questions to make sure we have a full understanding of your present and future objectives and present different legal options that you can consider to better achieve your goals.
Understanding Business Law

Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage, and close or sell any type of business. These laws fall under many different categories, such as contract law, real estate law, employment law, property law, and consumer protection law.  

Much of business law addresses the different types of business organizations. There are laws regarding how to properly form and run each type. This includes laws about entities such as corporations, partnerships and limited liability companies. The requirements for each of these entities differs by statute, and it is important to be aware of the different requirements before starting and running one of these entities.
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Business Formation in Mississippi

One of the first major considerations in forming a new business is which type of entity you should form. Mississippi law allows for numerous different business entities, such as:

  • Sole Proprietorships
  • General Partnerships
  • Limited Partnerships
  • Limited Liability Partnerships
  • Joint Ventures
  • Limited Liability Companies
  • Subchapter C Corporations
  • ​Subchapter S Corporations

All of these entities have their own pros and cons, which makes choosing the right entity for your business a critical step in the formation process. When choosing the right business structure for your business, you must consider:

  • How you want your business to be taxed
  • Liability issues
  • How you want your business to be managed
  • How much ownership interest each owner will have
  • How ownership interests will be transferred
  • What will happen to an owner's interest upon their death
  • When and how the business will dissolve

At Woods Law Firm, PLLC, we take the time to advise you on all of the different aspects of forming a business so that you may better decide how you want your business to operate to achieve your goals. Once you decide, we prepare and file all of the documents that are required to ensure that your business is in compliance with state laws and runs the way you want it to be run. And once this is accomplished, we will continue to aid you in any way we can if you ever have any questions or issues arise with regard to operating your business. 
Have Questions About Forming or Running Your Business? We Can Help!
     
Woods Law Firm, PLLC can give you advice on all aspects of starting, operating and growing your business organization. Our services include:

  • Incorporation/formation (including selecting the appropriate business entity) 
  • Purchase, business sale or transfer 
  • Business formalities and maintenance 
  • Contract disputes 
  • Collections
  • Exit strategies
     
Our main priority is to effectively plan on the front end to avoid potentially costly disputes. Our pro-active approach enables our clients to address hurdles before they become expensive interruptions. Because to run efficiently, a business needs to be able to concentrate on what they do, not legal work. 

Contact us today and let us get your business moving in the right direction.
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Phone:  (601) 706-9757
Fax: (601) 825-3677

Office Hours:
9:00-5:00 Monday - Friday
202 East Government Street
Brandon, MS 39042
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