Choice of Business Entity
Opening a new business in New Jersey is not an easy, overnight process. There are many things to consider in Central New Jersey, including markets, customers and financing. But don’t make the mistake of overlooking the basic issues: personal liability, regulatory compliance, tax filings and insurance. Your choice of business entity—sole proprietorship, partnership, limited partnership, corporation or limited liability company—will have a direct impact on these issues as well as your success or failure. For your business to succeed, you must know what you are doing and choose carefully. The attorneys at Shanahan & Voigt will help.
Why Hire an Attorney to Form Your Business?
The attorneys at Shanahan & Voigt, LLC are fully aware of the “Do it yourself”, internet based services which can incorporate your business for “pennies on a dollar”. But what you do not get from these services are the practical, legal business counseling about what their formation documents really mean, here in New Jersey, and what additional planning needs to be done to be compliant with the law. You may file your limited liability company yourself and save a bundle, but if you don’t comply with the laws after your filing, the protection afforded to you by your choice of business entity will be lost, exposing you to not only business liability, but personal liability as well. The cost to you will far exceed what you saved. You need to know what you are doing and choose carefully. After all, this is New Jersey.
Bob Shanahan & Nicole Voigt, New Jersey Business Attorneys
Bob Shanahan and Nicole Voigt know what is expected of each business owner, and which entity is right for you. In fact, they both teach courses on business entities and commercial contracts for new entrepreneurs at the Small Business Development Center of Raritan Valley Community College. www.sbdcrvcc.com You see, Shanahan & Voigt, LLC is passionate about making your business a success and understands the very basic needs of every small business. We want to help you know what you are doing and to help you make the correct choices for success.
Need assistance getting your business off the ground? Request a Consultation.