Business Lawyers in Traverse City, Michigan
The business lawyers at the Neumann Law Group in Traverse City, Michigan provide assistance with all aspects of business law. Our business attorneys can help you with business formation, including deciding whether to establish a corporation or limited liability company or partnership. We can assist you with drafting partnership agreements, articles of incorporation, operating agreements, and more. Decisions you make when you start your business can have an impact on the life of your business. Reach out to the Neumann Law Group, a business law firm in Traverse City, Michigan if you need advice about your start-up or new business venture.
The business attorneys at the Neumann Law Group in Traverse City, Michigan can also assist you with contracts, employment law, labor law, and business litigation. Businesses must abide by state and federal law, which includes following labor laws, holding proper certifications and licenses, and may include other kinds of compliance. Understanding your obligations and rights can save you lost income and litigation in the future. Getting your contracts right before you begin hiring or begin forming business relationships is important to protect your interests and your business. If you need assistance with your contracts, hiring, labor law, or if you are facing business litigation, the Neumann Law Group is a business law firm in Traverse City, Michigan that may be able to assist you.Small Business Lawyers in Traverse City, Michigan: Get Started on the Right Foot
If you are thinking of starting a small business or if you have a small business but have not yet incorporated your business or established a limited liability company, or partnership, it is important to understand the differences in legal protection that operating a sole proprietorship versus operating a limited liability company or other established business entity. The Neumann Law Group is a small business law firm in Traverse City, Michigan that can help you understand the different types of business structures you can choose from. What are some common business structures?
- Sole Proprietorship. With a sole proprietorship, your personal assets are often comingled with your business assets. While this is the easiest business structure to establish (you basically have to do nothing), it can put you at risk of liabilities.
- Limited Liability Company. With a limited liability company or a limited liability partnership, the structure allows you to make a distinction between company assets and liabilities. This allows you to protect your home and other personal property should your company face a lawsuit or other litigation. In many cases, as your business grows, or if you plan to do business in a higher risk area, you’ll want to consider establishing an LLC. The small business lawyers at the Neumann Law Group in Traverse City, Michigan may be able to assist you with deciding what structure is best for you.
- A corporation is a distinct business structure that allows a business to sell stocks. The taxation structure of a corporation is different from a partnership or limited liability company and the reporting requirements and structuring requirements are more complex. Establishing a corporation also offers some protection from personal liability.
The type of business structure you choose can have an impact on the life of your business, your taxes, your liability, and your earnings. The Neumann Law Group is a small business law firm in Traverse City, Michigan that can review your unique situation and help you decide which business structure is right for you. We can also help you with the formation process. Contact us today to learn more.Business Litigation Lawyers in Traverse City, Michigan
The best way to avoid business litigation is to ensure that you’re in compliance with laws, regulations, and that you have sound contracts and employment law practices. Carefully-worded contracts that make each party’s obligations and promises to one another clear can save your business disputes and litigation in the future. Having clear hiring, firing, and employment contracts can potentially save you from difficulties in the future. The business lawyers at the Neumann Law Group in Traverse City, Michigan can help you with employment law, contracts, and compliance so that you can avoid litigation and fines before they cause financial damage to your company.
Yet, sometimes a business faces litigation, either because of a misunderstanding over a contract, because of an improperly-worded, or not clearly-worded agreement, or because of missed details in following employment law regulations and best practices. If you are facing business litigation, you need the help of a strong business litigation law firm in Traverse City, Michigan. The Neumann Law Group is a Traverse City, Michigan business litigation law firm that may be able to help you. Our lawyers can review the case, work to settle the case, or fight for your rights should the case go to trial.
Business disputes and litigation can be stressful and costly. Having a business litigation law firm on your side can make a big difference. Reach out to the business litigation lawyers at the Neumann Law Group in Traverse City, Michigan today. We can help.