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SMALL BUSINESS
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Business Formation
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Limited Liability Companies
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A limited liability company provides you with the same protection from individual liability as a corporation, but you are taxed at your
individual rate. There are fewer formalities to follow than with a corporation. We will work with you to prepare your Articles of Organization and operating agreement.
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Corporations
There are close corporations, S Corporations, and C Corporations. Tony DiPaula and Carolyn Evans can work with you to determine which corporate structure is best for your business, and then prepare your corporate documents based on your business needs.
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Partnerships
There are general partnerships and limited partnerships. In certain situations, these can be more advantageous than limited liabilities or corporations.
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Business Sales and Purchases
Buying or Selling a business is a complicated transaction. We assist with all aspects of your purchase or sale, from letter of intent to closing, including:
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Letter of Intent – spelling out the essential terms
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Contract of Sale – drafting and negotiating
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Due Diligence
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Seller Financing, including Promissory Notes, Deeds of Trust, Security Agreements, Financing Statements, and Personal Guarantees
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Reviewing Lender Documents, including SBA Loans
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Assignments of Stock or Membership Interest
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Lease Review and Negotiation
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Buy/Sell Agreements
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Noncompetition Agreements
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Bill of Sale
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Liquor board license transfers
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Contracts
Once your business is operating, it is important to have a written contract that will protect you. We will work with you to make sure that your contract clearly lays out the parties’ expectations, the payment terms, and default provisions.
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Trademarks
Businesses today have a presence on the internet with a website and/or social media. If you do not protect your business name with a federal trademark, you can invest much time and money on branding only to receive a cease and desist letter because the name is trademarked by someone else. DiPaula Law assists you through the trademark process, from name search with the USTPO through registration.
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