Small Business & Corporate Law
A re you starting your own business? Are you expanding a business? For more than six decades, LaBelle, LaBelle & Naab has been providing legal counsel to both small and large businesses on everything from formation to dissolution. We have assisted clients with the structuring of stock and non-profit corporations, as well as with all related corporate and business transactions, including buy-sell agreements, corporate dissolutions, consolidations, mergers and acquisitions. Here are a few of the areas in which we can provide experienced legal representation.
Asset-Based Loans – Many business owners choose to get asset-based loans to fund the purchase of new equipment, make repairs to existing equipment, or for other business-expanding purposes. Many lenders will use the assets owned by the business as collateral for the loan. We represent business owners in securing loans using business assets as collateral.
Buyer/Borrower Representation – Whether purchasing a business or borrowing money for your business, we provide all legal services necessary to represent you. Our firm will conduct title searches, lien searches, and other research necessary to ensure that your business is protected against outstanding debts or other potential problems. Our firm can also prepare non-compete agreements so that the person selling you a business will not become a competitor in the same geographic area.
Small Business Start-Ups – In addition to helping business start-ups choose the most appropriate business structure, our firm prepares all the paperwork necessary to file with the appropriate state agencies and ensures that all documentation is in compliance with applicable laws and regulations. We continue to keep the paperwork up-to-date, advise clients of new laws impacting their businesses, and provide general counsel to address other business needs.
Seller Representation – When selling a business, you need to ensure that all debts are paid, all accounts receivables are accurate and up-to-date, and all tax forms have been filed with the federal and state governments and all tax clearances have been obtained. We represent sellers of businesses and provide all legal services necessary to transfer the business to the new owner.
Ownership Structure – We have helped individuals form corporations and limited liability companies to shield their personal assets. Limited liability companies have become popular entities for small businesses because formation is relatively easy and inexpensive and reporting is comparatively simple. While limited liability companies are the most popular type of small business, in some cases incorporation may be more appropriate. If you are considering starting your own small business, we can advise you on the most appropriate form of ownership.