Category Archives: Business Law

As its name suggests, a limited liability company (LLC) provides its owners (known as “members”) with limited liability. Across the nation, LLCs are a popular business form for people starting up new businesses. While it’s highly recommended that LLCs have operating agreements, in many states, there’s no legal requirement for an LLC to have an […]

An Employer Identification Number (EIN) is a nine-digit number issued by the Internal Revenue Service (IRS) for tax purposes. Despite the “Employer” in its name, however, EINs aren’t restricted to only those businesses that have employees. This means your LLC might need to apply for an EIN. Whether or not you need an EIN depends […]

It’s easy to start a business these days. And if you have a great idea that you want to begin building a new business around, you might feel like jumping in and hanging out your shingle immediately. But there’s one important decision a new business owner should make before starting their business, and that’s the […]

With the excitement of a new startup comes the need to make the important decisions that set the foundation for your fledgling business. One of these decisions involves choosing the form of a business structure under which your startup will operate. For many entrepreneurs, a limited liability company, or LLC, maybe the best vehicle for […]

If you’re running a small to medium-sized business, it’s likely that you have very specific legal issues that need to be handled by a pro. Usually, small businesses will work with a Springfield business lawyer who has expertise in a variety of areas or specifically focuses on one or two core types of law. Whatever […]

When you’re starting a new business, you likely have a lot of questions on your mind. While you’re deep in the throes of developing and refining your product and unique differentiators, you also have to consider whether your business is properly structured so as to maximize your earnings and set yourself up for long-term success. […]

As a business owner getting ready to retire, you may be wondering what will happen to your business now that you’re not interested in being involved in the day-to-day. There are a variety of options for transferring ownership of your business, and an experienced Springfield business lawyer can help you explore your options. Below, we […]

While over 90 percent of American businesses are family-owned, less than 30 percent of those businesses are handed down to the second generation. The lack of a business succession plan is the key reason cited for being unable to transition the business to the next generation of leadership. If you want your thriving Missouri business […]

When starting a business in Missouri, deciding whether to form a corporation, limited liability company (LLC) or some other type of business entity is one of the first legal issues you will encounter. It is also one of the most important, as the type of entity you choose can have significant implications for your income […]