There’s more to launching a business than having a great idea. Without the right business structure, your enterprise may not succeed. The form your business takes affects your taxes, personal liability, and how you can raise funds for growth. Our Chicago, IL business formation lawyer can help you choose the best structure and prepare all necessary documents. Call Kravets Law Group today to get started.
Business Formation Lawyer Chicago, IL
Your business structure affects how you expand, go public, and raise capital. It also helps protect your personal assets in the event of financial or legal problems. As your advocate, we work with you and your partners to understand your goals. This enables us to give you the legal support needed to launch your enterprise and keep your business running.
Forming a business legally requires a series of precise steps, and while you’re not required to have a lawyer to form a business, the advice and insight from our Chicago business formation lawyer can help ensure that all the steps are completed and you aren’t exposed to risk or legal trouble. The structure you choose for your business (LLC, corporation, S-Corp, etc.) impacts your ability to raise capital and extends protection to your personal assets. We help you select the right structure for the proper protection. We then turn our attention to the legal requirements for getting your business off the ground, including securing permits, obtaining a commercial lease, and negotiating favorable terms with vendors and service providers. We’re skilled negotiators and often get you the best possible deal.
Illinois businesses are subject to specific, strict regulations regarding operation, taxation, and financial reporting. We review your business obligations with you and your partners to make sure you understand your fiduciary duties and legal obligations. With our advice, you can make informed decisions for your enterprise. We also address any questions you may have. When you’re ready to move forward, we handle the drafting and filing of all necessary legal documents, review and create contracts on your behalf, and submit your permitting and licensure applications.
Why Legal Experience Matters For Business Formation
Understanding the benefits and drawbacks of each type of business format gives our Chicago business formation lawyer an edge. We put our knowledge to work for you, helping ensure that your business has the right structure to accomplish your goals.
- We are a Better Business Bureau Accredited business, upholding our commitment to ethical business practices
- Firm founding attorney Daniel “Dan” Kravets’ upbringing taught him that legal matters are personal and require a tailored approach
- Our firm boasts an impressive 5-star rating on Google, earned through dozens of reviews from satisfied clients
Let the legal team at Kravets Law Group handle all your business’s legal needs, from formation through ongoing risk assessment, so you can focus on keeping your customers happy.