Let's Launch Your New Business
Embarking on the journey of entrepreneurship is thrilling, but navigating the complexities of business formation can be daunting. At Dayes Law Firm, our attorneys are here to simplify the process and empower you to turn your vision into reality with ease. Fill out the form below for your Free Consultation!
Registration and Formation
Ready to take the first step towards entrepreneurship? Let Dayes Law Firm be your trusted partner in business formation. Contact us today to schedule a consultation and embark on your journey to success!
- Attorney Guidance: Our team of seasoned professionals has extensive experience in business formation, guiding countless entrepreneurs like you through every step of the process.
- Tailored Solutions: We understand that every business is unique. Whether you're forming a small startup or a large corporation, we offer personalized solutions that align with your goals and aspirations.
- Streamlined Process: Time is money in the world of business. With our efficient and streamlined approach, we'll help you navigate the maze of paperwork and legal requirements, saving you valuable time and resources.
- Comprehensive Support: From choosing the right business structure to registering your company and obtaining necessary permits, we provide end-to-end support to ensure a smooth and hassle-free experience.
- Peace of Mind: With our expert guidance and attention to detail, you can rest assured that your business formation process is in capable hands, allowing you to focus on what matters most – building your business.
Free Consultation
Disclosure
This disclosure is to inform you that Dayes Law Firm (“Law Firm”) and Dayes Business Solutions (“Business Solutions”) are affiliated companies with shared ownership. This relationship may present a conflict of interest as services provided by one company may be recommended or referred to the other.
Nature of Affiliation: Dayes Law Firm and Dayes Business Solutions are under common ownership. The owners of Dayes Law Firm hold a financial interest in Dayes Business Solutions.
Description of Services: Dayes Law Firm provides legal services, including but not limited to corporate law, real estate law, and litigation support. Dayes Business Solutions offers business consultancy services, including business planning, financial consulting, and operational strategy development.
Potential Conflict of Interest: Due to the common ownership, there may be an incentive for Dayes Law Firm to refer you to Dayes Business Solutions for services that could be provided by other firms. Conversely, Dayes Business Solutions may recommend legal services from Dayes Law Firm. It is important for you to know that you are not obligated to use the services of either affiliated company and may choose any provider at your discretion.
Client Acknowledgment: By signing below, you acknowledge that you have read and understood this disclosure regarding the affiliated business arrangement between Dayes Law Firm and Dayes Business Solutions. You also understand that you are free to seek services from other providers and are under no obligation to use the services of either affiliated company.
Anthony entered the financial world in 1997 after 6 years of playing professional baseball for several major league clubs. He was on the Major League roster of the Seattle Mariners as well as the Philadelphia Phillies during his tenure. He then started working with business owners as a specialist in the 4 primary areas: Business Succession planning , Estate Planning , Key Employee Retention planning and retirement planning.
Understanding the tax code and how to best use company dollars to benefit owners as well as the best ways to defer income or use corporate dollars to fund retirement plans for owners and key people is also an area of expertise. As is finding the best and most efficient ways to use company dollars to fund personal life insurance , disability insurance and long term care insurance.
Anthony now has over 25 years of assisting business owners and successful people in all industries in helping them reach their financial goals while protecting what they’ve worked for. Anthony is backed by IMS Associates, a broker general agency.
Founded in 1985, IMS Associates has long served the insurance advisor and financial planning community with best in class insurance planning. Now operating in all 50 states nationwide and contracted with over 40 insurance carriers IMS has made a name for itself as leader in the brokerage community.
IMS Associates works hard to cultivate relationships with our advisors and agencies that feel like part of the family. IMS takes pride in the relationships we’ve built over the years and we strive to find creative, meaningful, and long lasting solutions for our partners.
Anthony holds licenses in Accident, Health, Long Term Care and Retirement Planning. As an independent advisor working with clients of Dayes Law Firm and Dayes Business Solutions, he is available to consult to plan a better and more secure future.
Questions? You’re Covered
Business formation refers to the process of legally creating a new business entity. This involves registering the business with the appropriate government authorities, such as the state or local government, and choosing a legal structure, such as sole proprietorship, partnership, corporation, or limited liability company (LLC).
Business formation is important for several reasons:
- It establishes the legal structure of the business, which affects liability, taxes, and other aspects.
- It provides legal protection for the business owners.
- It allows the business to operate legally and access certain benefits and resources, such as loans, permits, and licenses.
The main types of business entities include:
- Sole Proprietorship
- Partnership (General Partnership, Limited Partnership)
- Corporation (C Corporation, S Corporation)
- Limited Liability Company (LLC)
- Cooperative
The right business structure depends on factors such as the nature of the business, the number of owners, liability concerns, tax implications, and management preferences. Consulting with a lawyer or tax advisor can help you make an informed decision.
The specific steps vary depending on the type of business and location, but generally involve:
- Choosing a business name and checking its availability.
- Registering the business with the appropriate government authorities.
- Obtaining any necessary licenses and permits.
- Creating governing documents, such as articles of incorporation or operating agreements.
- Complying with tax and regulatory requirements.
- Opening a business bank account.
The timeline for business formation can vary widely depending on factors such as the type of business, location, and government processing times. It can take anywhere from a few days to several weeks or even months.
After forming a business, there are ongoing requirements to maintain its legal status, such as:
- Filing annual reports and paying taxes.
- Renewing licenses and permits.
- Complying with any changes in regulations or laws.
- Keeping accurate financial records.
Yes, it is possible to change your business structure after formation, but the process and implications vary depending on the new structure and other factors. It’s important to consult with legal and tax professionals before making such a change.
The costs of business formation depend on factors such as the type of business, location, and legal requirements. Common costs include registration fees, legal fees, and ongoing compliance costs.
You can get help with business formation from various sources, including:
- Legal professionals, such as lawyers and business consultants.
- Government agencies responsible for business registration and regulation.
- Online resources and guides provided by government agencies and business organizations.
