Unsworth & Barra, PLC has an extensive background representing businesses
and individuals with respect to business operations.
BUSINESS ORGANIZATION NEEDS
- Type of Business
One of the most important issues for many businesses is what type of business
entity to use. Vermont laws make it relatively easy to have protection in
case your business gets sued so a creditor cannot reach your personal assets.
We work closely with clients and their financial advisors to determine long
term goals and then decide which entity will best enable the client to achieve
those goals. We handle all aspects of forming the business entity, qualifying
it to do business and providing ongoing support of operations and business
maintenance. Today there is a broad selection of entities available, including
corporations, limited liability companies, general partnerships, limited liability
partnerships, sole partnerships and joint ventures. Each comes with specific
advantages and considerations, which we will explain to help you decide. Once
the entity is selected, we will draft all documents needed to complete the
formation process.
- Business Maintenance
We can prepare the minutes of meetings, as needed, for certain types
of businesses.
- Business Buyouts
Our firm can help you to anticipate and address future business issues
today. For example, did you know that term life insurance can automatically
fund a buyout in the event of a partner's death? Do you have a buyout agreement
in place for your business so that it does not have to be immediately sold
and can continue to function in the event that one of your business partners
dies, becomes incapacitated or decides to leave?
- Business Real Estate
We provide complete business real estate services to help with real
estate planning, development, financing, conveyance, acquisition and refinancing.
- Business Agreements
Businesses frequently need assistance reviewing, negotiating, interpreting
and drafting important contracts with customers, suppliers, others. We offer
help to clients with these matters.
- Business Litigation
Our experienced trial lawyers handle a broad range of business and
commercial litigation, including employment claims, collections, general litigation,
contract disputes and construction matters.
- Business Termination and Transition
In the event a business is terminated, rather than sold or merged, we can
assist with the necessary planning, structuring and documentation. If our
client's goals include transferring ownership to key employees or a subsequent
generation, we can design transition plans to facilitate our client's success
in these objectives.
- Sales and Acquisitions
Unsworth & Barra, PLC represents businesses and individuals in
business operations and the purchase and sale of businesses and assets. The
purchase or sale of a business is an exciting time for any business owner.
We commit a significant portion of our practice to working with clients who
plan to buy or sell a business, and we can negotiate and document such transactions.
This work is done in close concert with the client and the client's financial
advisors. Our primary goal is to help clients achieve their goals and we look
for innovative ways to achieve that objective. Buying or selling a business
is generally a complex matter and without proper attention to the manner in
which the transaction is handled, unexpected or unwanted results may occur.
We work with our clients to prepare them, provide guidance and enable them
to achieve their goals. Proper documentation of a purchase or sale typically
involves drawing up documents such as letters of intent, asset sale agreements,
stock sale agreements, pledge agreements and promissory notes.
- Business Collections
Our attorneys can help business clients to collect the money they
are owed, place liens and manage creditors.
- Fees
For small businesses, we charge a flat fee for business formation.
The general service includes: an initial meeting with the client, working
with the client's accountant to determine the most appropriate type of business
to form, preparing the articles of organization, preparing the corporate agreements
concerning shareholders, preparing a data document outlining all pertinent
business data, executing documents and preparing a portable business formation
record containing all initial letters and other documents. We provide comprehensive
guidance in the formation of Vermont business entities, including corporations,
partnerships, joint ventures, limited liability companies, non-profit organizations,
limited partnerships and limited liability partnerships. For matters other
than formation, we can charge a flat fee or bill on an hourly basis.
Contact us today for a free
initial consultation.
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