Chesterfield Business Attorneys

Professional Assistance for a Better Business

No matter how large or small your company, having an experienced, affordable business planning attorney by your side can help your enterprise avoid common pitfalls, minimize exposure, limit potential liability, reduce your tax burden, and maximize profits.

Let the Chesterfield business attorneys at Penzien & McBride take on your company’s legal matters so that you can get the most out of your business. We offer a variety of beneficial services that we can tailor to meet your needs. Our lawyers take the time to get to know you and understand your business goals to better serve you.

Business Entity Selection

If you are just starting your business, you can benefit from the expertise of a business law attorney.

The decisions you make before you even start running your business can drastically affect your liability, taxes, and risks.

Choosing the wrong business entity can open you up to:

• Compliance issues
• Legal claims
• High tax liabilities
• And more

No matter what your management style or capital structure might be, our attorneys can help you find the right business form to fit your objectives, risk tolerance, and tax considerations.

We can help you organize and register:

• A general partnership
• Limited liability partnership (LLP)
• Limited liability company (LLC)
• S Corporation
• Or C corporation

Our business incorporation attorneys will explain the alternative forms for your new business, and make sure that your formation is properly documented and filed.

Management & Governance

Penzien & McBride provides advice and documentation concerning:

• Bylaws
• Amendments
• Board meetings
• And ratification of corporate action by directors

When special opportunities or problems arise, we can help you make sure that your decisions satisfy any formal requirements required under Michigan corporate or partnership law as well as your own bylaws or operating agreement.

We also negotiate and draft:

• Shareholder agreements
• Buy-sell agreements
• Management agreements
• And other basic documents that define the rights and responsibilities of your key players

Business Planning

Our Chesterfield business attorneys also advise corporate and partnership clients about issues such as minority shareholders rights, management succession planning (especially in the estate planning context for family business clients), and dividends or distributions.

Additionally, we can help with opportunities diligence involved in major asset acquisition or merger transactions, including matters involving real estate.

How Penzien & Mcbride, PLLC Can Help

Our network of experienced financial, tax, and strategic planning professionals will help ensure that your business vision is not only legally sound but also makes practical sense from the perspective of your market realities. We can also represent you in court in the event of breach or nonperformance of any of your basic formative agreements. Count on our firm to reduce your risk and help promote your success.

Related Reading

• Understanding Business Loan Covenants