Business Formation

Chicago Business Law and Business Formation Lawyers

Establishing and running your own business has rewards and risks. At Madison Group, LLP in Chicago, Illinois, our business law attorneys help clients understand the complexities of business ownership and small business incorporation.

Entity Formation for Your Business

Once the financing is in place and you have developed a business plan, the next step in establishing a business is selecting the entity. Our business law attorneys will discuss the nature of your business, and will inquire about whether you have any employees or partners. We will consult with you about the proper entity to select based upon your business model. Depending on your specific circumstances, you may select a limited liability company (LLC), limited liability partnership (LLP), corporation, or non-profit organization.

Drafting and Filing the Paperwork

Our business law attorneys will help you in filing the necessary paperwork, registering your business name, and, depending on the entity, taking care of your tax-exempt status, operating agreements, shareholder agreements, partnership agreements, corporate bylaws, licensing or regulatory matters, and business contracts. You want everything done within the law by the experienced business law attorneys at Madison Group, LLP.

Preventing Future Litigation

In helping you form a business, our objective is to prepare documents and establish things in a way that will minimize the risk of business litigation. Our job is not necessarily done after the successful opening of your business. We can provide ongoing legal counsel related to employment and regulatory issues to keep you out of the courtroom. Our lawyers can represent you if you ever decide to sell your business.

For more information, or to schedule an appointment regarding the establishment of your LLC, LLP, S corporation, or non-profit organization, please contact us.

 

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