Knowledgeable Illinois Attorney Helps Clients Form New Business Entities
Reputable law firm advises business owners in the Springfield area on liability and taxes
Opening and running a business can be equal parts exciting and frustrating. Having a legal adviser guide you through the formation process gives you the security you need to start on a firm foundation and grow your business confidently. At James R. Potter, P.C., I am dedicated to providing the most practical and appropriate advice for your business. By understanding your expectations and financial capabilities, I can better address your needs by helping you to choose the entity that fits your goals and tax structure that limits your personal liability. Ultimately, I aim to support clients in the Springfield area and all across Illinois as they seek business success and prosperity.
Experienced counselor helps you select the appropriate business entity
There are many considerations when choosing the business entity most appropriate for your immediate and long-term goals. I listen to your objectives and consider the services and products you will provide as well as the ownership, governance, capitalization, taxation and liability responsibilities you may need to handle. At James R. Potter, P.C., I help you weigh the pros and cons of these and other possible business structures:
- Sole proprietorship
- General partnership
- Limited partnership
- Limited Liability Partnership (LLP)
- Limited Liability Limited Partnership (LLLP)
- Limited Liability Company (LLC)
- Professional Limited Liability Company (PLLC)
- Professional corporation
- 501(c)(3) organization
Small businesses, mid-size companies and large corporations all have different needs and priorities. To set your business on a solid footing, I will evaluate your current circumstances while providing the flexibility to change with your circumstances.
Reliable lawyer provides continued support to owners and boards
After your business is formed, questions and concerns will arise as you hire employees or independent contractors, set up benefit plans, draft contracts, form business partnerships, secure the services of other companies, share profits, pay taxes and more. I encourage my clients to call me for assistance with any issues they encounter. At James R. Potter, P.C., I advise business owners and corporate boards on matters such as:
- Corporate bylaws
- Banking and lines of credit
- Insurance coverage
- Investment strategies
- Corporate compliance
- Employee contracts
- Business-to-business contracts
- Negotiating and drafting buy-sell agreements
If disputes arise and litigation becomes necessary, I zealously advocate for your financial interests in the boardroom or in the courtroom.
Contact a trusted Illinois business formation attorney today
At James R. Potter, P.C., I help clients establish and build their businesses. Call my Springfield office today at 217-806-0323 or contact me online to schedule your free consultation.