BUSINESS FORMATION FOR STUDENTS
Our goal in offering business formation advice to students is to help develop and protect new business ideas so that students can succeed and ultimately lead more productive and meaningful lives.
We help enterprising students form their own businesses, obtain licenses and draft the initial operating agreement(s). The formation process typically includes selecting the most appropriate entity (sole proprietorship, limited liability company, partnership, C-corporation or S-corporation) based on potential tax implications and personal liability.
We continue by drafting and interpreting employment policies, procedures and contracts, which can help student entrepreneurs avoid costly workplace conflicts. We can also help execute mergers, buy-ins and buyouts. We advise students on the formation and proper use of advisory boards. In many cases, our office can provide practical solutions and/or self-help advice that can be implemented without incurring expensive legal fees.