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Thinking of Being Your Own Boss? Start with Small Business Counseling

October 20, 2014 By WKCLawBlog

Compass_RightPath

One of the areas where I help people is in small business counseling. A client recently came in to the firm after his career had taken a few turns. He wanted to get back to what he had gone to college for all those years ago. He had some ideas on how to do it and what to do, but his thoughts and plans were a bit disorganized.

We spoke about where he in his career and where he ultimately wanted to be professionally. Once he took some time to figure out where he eventually wanted to be, we then developed a game plan to get him there. We also discussed the formation of a business and what would be the best form – a sole proprietorship, an LLC, a corporation, etc. – for his purposes and needs. Once that was determined, we got the business formed for his new venture.

Small business counseling is not just forming a business for the client but rather providing a broader, almost holistic, approach to the overall challenges and opportunities involved.

After this particular client formed the business, he contacted me again. This time, with questions about how the business affected his estate planning – which is also right up my alley.

Are you thinking of starting a new business? Do you have a business and want to make sure it’s in the best format for your needs? Or are you established in business and want to make sure your estate planning is where it needs to be? Let’s talk.

MikeFrisbie

Mike Frisbie provides individuals and businesses with top level legal services for their everyday situations and problems. Together, they plan and prepare solutions with a litigator’s eye toward avoiding litigation.  He takes pride and pleasure in helping people and businesses solve their problems.

 

This blog is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Filed Under: Small Business Counseling Tagged With: Bucks County, corporation, incorporation status, LLC, Mike Frisbie, S-corp, small business counseling, sole proprietorship, Weber Kracht & Chellew

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