Business Planning
Milwaukee Business Planning Attorneys
Waukesha Business Succession Planning Lawyers
Business planning isn't just a matter of how to produce a product or service. It is about how to maximize profit, grow, and avoid taxation and litigation, among other things.
For new clients, a common question is "Should I incorporate?" We review the options, including
- S-corporations
- Corporations
- Limited liability companies (LLC)
- "Doing business as"
- General partnerships
The laws for each of these control which persons' or entities' earnings are taxed, and who is responsible for debts and legal judgments. Certain entities are taxed on profits, and when owners receive dividends, they are taxed in effect a second time.
Other factors influencing your decision include the size of your organization, tax deductions available, simplicity of operations, who will have authority to make decisions, flexibility and potential sources of investment. The ease of transitioning business to the next generation is also a factor to consider.
Our office can prepare and file articles of incorporation, operating agreements and any and all required forms. You may be required to file a Registration of Firm Names, if you are "doing business as" under a different name. This is common with franchises, who need to do business under the franchise name rather than the name of the owner.
Day-to-Day Issues
Our business clients often ask us to serve as "general counsel." We offer a wide variety of services. We review employment contracts or leases, or draft stock redemption or buy-sell agreements. For our clients wishing to transition ownership, we review and explain the complicated succession issues and documents involved in selling the business to a family member or to a third party.
Moertl, Wilkins & Campbell, S.C. emphasizes thorough discussion and direct attorney contact and time with our clients. Our offices are conveniently located on the edge of Milwaukee's downtown, and overlook Lake Michigan. Contact us.