Creating the Foundation for Business Success
A relatively new type of business entity offering several advantages over more traditional business structures, the limited liability company (LLC) has quickly become the business structure of choice for most new businesses.
At The Piatchek Law Firm, LLC, structuring new enterprises or reorganizing existing ones as limited liability companies is nothing new to us. Clients choose us because of our familiarity with LLCs, and because we can offer them a high degree of personal attention at an affordable rate. Our lawyer will work closely with you during the formation stage of your business as he prepares and files all the necessary documents to set up your LLC in compliance with Missouri law.
For quality, affordable legal services in Springfield or southwest Missouri, call us at 417-882-5858 or, send us an e-mail to schedule a consultation.
The Advantages of the LLC
There are several good reasons to structure or reorganize your business as a limited liability company, including:
- Flexibility: a limited liability company combines the best features of traditional small business structures such as sole proprietorships and partnerships with the ability to do everything a corporation can and more, minus the formalities.
- Liability protection: for purposes of liability, the limited liability company acts much like a corporation. It can effectively insulate your personal assets from the risks associated with doing business in today's marketplace.
- Simple taxation: despite its corporation-like features, an LLC is typically taxed in the same way as a sole proprietorship or partnership, allowing profits and losses to be added to your personal tax returns instead of having to file separate individual and business ones. An LLC could also be taxed as a corporation, however, if that would yield the greatest benefit for you. This is a demonstration of just how flexible an LLC really is.
- Ease-of-use: unlike corporations, limited liability companies are easy to manage and do not require much in the way of formalities. For example, while minutes are kept for meetings, there is no need for a board of directors, shareholder representatives or officers.
Serving Your Family and Your Business
To learn more about limited liability companies, our business law and business formation services, or attorney Joseph J. Piatchek — call us at 417-882-5858 or contact us online. We offer free business formation consultations and are available for evening and weekend appointments.
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The Piatchek Law Firm, LLC would like to remind you that neither the Supreme Court of Missouri nor the Missouri Bar reviews or approves certifying organizations or specialist designations. Also, the choice of a lawyer is an important decision and should not be based solely upon advertisements.
