Protect And Grow Your Business

Starting a business can be both exciting and overwhelming. From formulating a business plan and securing financing to leasing office space and hiring employees, business owners often wear many hats.

At Haller & Imbarlina, P.C., we know that you and your business are unique. To help us gain a better understanding of both your short and long-term goals, we take the time to get to know you and to learn more about your business plans and related concerns. Our proactive and personalized approach ensures that we are able to devise business strategies and solutions that avoid and minimize risk while capitalizing on opportunity and growing profits.

Business Formation

One of the first and most important tasks that a business owner must address is how to structure a business. How you choose to structure your business can have numerous financial and legal consequences. It's imperative, therefore, to consult with a business law attorney early on in the process.

The following are three of the most common types of business structures along with related key considerations:

  • Partnership — Owned by two or more partners, this is a business format in which all owners share a stake in the business and its financial responsibilities. This means that while partners have an equal stake in a business's success and profits, they are also responsible for any losses, debts and other liabilities.
  • Limited liability company (LLC) — Members of an LLC are afforded protections against personal liability while sharing both profits and losses. It's important to note, however, that the distribution of any losses or profits is left up to the members' discretion.
  • Corporation — Recommended for larger businesses, corporations are owned by shareholders who share a financial stake in the business. Legally, however, a corporation is viewed as an independent entity so shareholders cannot be held liable for a business' debts or wrongdoing.

In addition to counseling business owners about matters related to formation, taxes and liability, we also help business owners secure financing, resolve contract disputes and complete business transactions.

We provide the legal advice, options and advocacy you need to protect and promote your business interests throughout every stage and cycle.

Let us be the trusted legal resource you turn to throughout the life of your business. Call a lawyer at our Cranberry Township office at 724-935-0820 or contact us online.