Business Planning and Transactions
An Attorney From Purcell, Flanagan, Hay & Greene Can Help Your Business With Legal Issues
Businesses do what they do best when they are not bogged down by red tape and legal disputes. At Purcell, Flanagan, Hay & Greene, we provide comprehensive, client-focused services to help businesses plan for the future and navigate legal issues as they arise.
Whether you are an entrepreneur launching a new business or an established company facing legal challenges, an attorney understands the realities businesses face and the difficult choices that are often part of the job. We have a strong track record of successfully guiding companies and resolving disputes.
Business Formation, Organization
The selection of the legal form in which a business will be organized is a critical moment that can have lasting consequences. The type of legal entity can impact individual owner liability as well as tax and legal obligations. Some of the most common entities are:
- Sole proprietor
- Limited liability company (LLC)
We can help you understand the advantages and drawbacks of each type of entity. We will guide you through legally forming a business and advise on the various legal issues that can come with governing, reorganizing, and even dissolving the company.
Contracts are the legal lifeblood of companies, used to obtain supplies and services, enter transactions with customers, clients, and business partners, and often governing relationships with employees.
It is vital businesses fully understand what they are getting into when they sign a contract. Our lawyers help clients understand and negotiate the terms of deals, draft and prepare contracts, negotiate amendments when needed and enforce legal agreements in the event of a breach.
Transactions are a regular part of doing businesses for companies large and small. Whether you are entering into a buy-sell agreement, purchasing or selling a business, hiring employees, or negotiating deferred compensation, it is essential to get the advice of a seasoned attorney.
We help companies structure and negotiate a wide range of transactions. Our lawyers can also do due diligence on behalf of clients thinking about entering into a transaction, weighing the tax and legal implications, and ensuring they are protected if a deal falls through.
Our lawyers have significant experience assisting clients in buying or selling a business. This is a significant transaction that requires a complete understanding of the deal, including potential liability for obligations and debts related to the business being bought or sold.
Business Succession and Tax Planning
Businesses must expect the unexpected. For small and family-owned businesses, that includes having a succession plan in place in the event company leaders retire, become incapacitated, or pass away.
Our firm helps businesses plan for the future by developing a succession plan and ensuring it remains updated as circumstances change.
We also assist clients in developing tax plans, both for their businesses and individual business owners.