Business Formation and Entity Choice (LLC, LP, Corporation)
Lawyers at the firm can explain the advantages and disadvantages of different business entities such as C corporations, S corporations, limited liability companies, general partnerships and limited partnerships. We will help you develop an ownership and management structure consistent with your business goals including your exit strategy. Each decision regarding the choice of entity is specific to you as the client. Each document is drafted for your specific purposes and goals.
Many businesses now operate in the limited liability company form of business. In New Hampshire, the laws regarding limited liability companies are very flexible and offer an opportunity for the parties to reach their own specific agreement. However, if the parties do not have a written agreement, the New Hampshire Limited Liability Act raises some concerns. At Welts, White & Fontaine we understand the issues and we take pride in advising you based upon your specific circumstances.