When we have an idea for a new business, we often overlook the legal and tax ramifications. Additionally, we tend to overlook the personal, financial, and business risks we could be facing. Therefore, it is critically important to work with an experienced business formation lawyer in Virginia.
Business Structure Matters
While it may be tempting to operate as a sole proprietor, this is not always the best option. In fact, in addition to your personal financial investment in your business, you could be placing your other assets at risk using this type of business structure.
Additional issues such as securing financing, tax filings, and required documents with the state must also be considered when determining the structure that is right for your business. We will take the time to understand your business model, your goals for expansion, and your future financing needs and help you find the right structure that protects you, your family, and your business.
You do not need to work with a large law firm where your business interests are not put at the forefront. Instead, if you are considering starting a business in Richmond, Northern Virginia, or Virginia Beach contact a business formation lawyer at Way Law PLLC and let us help you get started.