Business Formation
The structure for your commercial venture is as important as the people, ideas, and capital behind it.
Failure to plan carefully in starting or reorganizing a business almost inevitably leads to unnecessary internal disputes and external legal threats that can sap profits or bring the whole enterprise crashing down.
The business law attorneys of Bowman & Krieger provide astute counsel for entity selection and the myriad other considerations of business formation. We provide startup and ongoing consulting to small and mid-size businesses throughout Lincoln and Lancaster County and statewide Nebraska.
Our lawyers sit down with organizers to determine the best choice of entity for a new business or work to restructure an existing business or partnership. We walk clients though the pros and cons of business organization as an LLC (limited liability company), S corporation, LLP (limited liability partnership), FLP (family limited partnership) or other options. Our lawyers can also assist you in setting up a homeowner’s association, professional corporation or a tax exempt 501(c)(3) organization.
We carefully draft or review the shareholder agreement, operating agreement, partnership agreement or buy-sell agreement. It is important for all owners/partners and voting investors to be on the same page at startup, and critical to protect your personal assets and the business itself should disputes arise down the road.
In business organization, our business attorneys strive to develop a structure that is able to adapt to the opportunities and challenges ahead. We work closely with you to plan for likely events and the unforeseeable: a partner who wants out, a sudden death or divorce, bringing on new partners, acquiring another business, cashing in your interest or transferring control to the next generation. More importantly, we seek to minimize your risk as well as to protect your legal interests.
