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Business Formation

Purser and Glenn, PLLC has years of experience offering seasoned legal services for businesses, start-ups, transactions, and other small business matters.

Many factors can lead to the success or failure of a business, though, you can help position your venture for success by choosing the business structure that meets your specific needs and plans. Purser & Glenn, PLLC can assist the small business entrepreneur in identifying the best entity by listening attentively to the owner’s individual business plan and designing a structure that custom fits the client. Whether registering a new Assumed Name Affidavit on behalf of a business owner, counseling as to corporate structure, preparing and filing Articles of Incorporation, or preparing a specialized Operating Agreement, the partners will guide the requisite steps necessary to best reflect the individual client’s requests.

Whatever level of detail you have planned for your business venture, you want to be sure your attorney understands your vision. The attorneys with Purser and Glenn, PLLC will listen to your particular business plan, and help you set up a business structure that minimizes expenses, adheres to your accountant’s advice for a desired tax structure, protects non-business assets, factors in personal liabilities and guarantees, and specifies other important concerns for your new business.

If you are selling or purchasing an existing business, Purser & Glenn, PLLC can assist in the preparation of your legal documents, such as a contract and Bill of Sale. The partners may encourage a UCC search at the state and local level if personal property is being transferred.

And, if you are considering a purchase of a franchise, please consult Purser & Glenn, PLLC before executing your Franchise Agreement. Franchisees benefit from a thorough review of the governing agreement to understand the financial responsibilities, the lease requirements, the guaranty provisions, the established rights of each party and the other obligations such as consequences of a default.

Choosing the right business entity

When it comes to choosing a business entity, there are several options available, including:

  • Limited liability companies (LLCs)
  • Limited liability partnerships (LLPs)
  • General partnerships
  • Sole proprietorships
  • Corporations
  • Professional corporations
  • S corporations

Purser & Glenn, PLLC can explain the defining differences among each type of business structures and the relative advantages and disadvantages. The partners listen to your business goals and determine what you may need at the outset to help you achieve those goals, and can help you decide on an entity formation that best fits the needs of your business startup or small company.

Business Law matters after establishment

Once you have successfully structured your business, the attorneys with Purser & Glenn, PLLC can also handle other business legal matters that may arise, including transferring property into the new corporate name, financing business equipment, obtaining a Small Business Administration loan or succession planning.

Purser & Glenn, PLLC serves clients in all of North Carolina and South Carolina, including but not limited to the cities of Clover, Fort Mill, Gastonia, Indian Land, Lake Wylie, Newport, Rock Hill, Tega Cay, Ballantyne, Bessemer City, Belmont, Charlotte, Denver, Harrisburg, Indian Trail, Kings Mountain, Pineville, Stanley, Steele Creek, Weddington, Concord, Hendersonville, Asheville, Mooresville, and Lincolnton.

Call or e-mail Purser & Glenn, PLLC

Please reach Purser & Glenn to provide guidance in the formation of your business and preparation of your formation documents. To schedule a consultation with a partner at Purser & Glenn, PLLC call 704-540-2550 (South location) or 704-596-1244 (University location). Or, for more information, please email closings@purserglennlaw.com.