Empower Law can assist corporations and businesses with a wide variety of legal services. Our services include company formation education, purchase and sales contracts, buy-sell partnership agreements, employment-based immigration compliance, and counseling.
Company Formation & Incorporation
Empower Law brings many years of experience to the process of business formation. Our experience means you can be confident in our ability to provide sound guidance for your business.
Starting Your Business
Businesses vary, and there are several options for setting up a company. Depending on your needs, we can assist in forming:
- Limited Liability Companies (LLC)
Other first steps for your business might involve:
- Obtaining a business license
- Creation of employee contracts
- Reviewing purchase contracts, vendor service contracts, and other contracts
- Reviewing management structure
- Reviewing licensing issues
- Reviewing insurance coverage and liability issues
- Reviewing policy manuals
Back to top
Business contracts must work for both parties, as well as be adhered to. The commitments that are entered into can make or break the businesses involved.
When drafting a business contract, Empower Law will balance the needs of both sides, use clear language, and try to anticipate all of the issues that may arise over the life of the contract. We will help you understand the risks and benefits of the agreement you are entering into.
The goal in any contract negotiation is to preserve the intention of the proposed business relationship, while protecting your interests. We can assist with drafting, reviewing, and negotiating business contracts of all types, including purchase contracts, employment contracts, and others.
When business contracts are not adhered to, negotiation or litigation may be required.
Negotiation and communication should always be the first option, but when a business fails to live up to its end of the contract, action can be taken against it. Alternately, when a business is accused of breach of contract, it has the right to defend its interests. At Empower Law we can assist in negotiations or contract litigation.
Buy-Sell Business Partnership Agreements
A buy-sell agreement is an important tool for formalizing the relationship between the owners so that the business can run smoothly. The essence of a buy-sell agreement is the agreed process for how co-owners can sell or purchase stakes in the business and what happens to these shares when a partner wants to leave the business. Specific provisions can be included to address a variety of contingencies, including the right of first refusal and the obligation of first offer. These agreements are helpful to individuals who own a business as partners but each partner brings different assets to the business (skills, cash, contracts, etc.). A well-drafted buy-sell agreement can facilitate effective business planning and avoid costly, unnecessary costly conflict.
Differing opinions over the business direction and even personal differences between owners can lead to unanticipated conflicts over ownership and control of the business. However, when disagreements do arise, legal advice can help ensure that buy-sell agreements are adhered to and that your ownership rights are properly recognized and enforced.
Back to top