Since 2000, The Law Offices of Hintermeister & Kundel has counseled businesses in Muscatine and throughout Iowa in business transactions and business law legal matters.
Choosing the proper business structure is imperative to smooth operations and a thriving enterprise.
We have experience in setting up:
- "S" corporations
- Limited partnerships
- Limited liability companies
We often recommend that a business be incorporated as a limited liability company, because that corporate format provides for flexible governance and, with the appropriate operating agreement, can be tailored to a variety of business situations.
Our lawyers have established many entities and have drafted numerous operating agreements for limited liability companies. We recommend that entrepreneurs consider retaining an attorney to form the business entity. While lawyers are more expensive than websites and other vendors offering speedy incorporation, lawyers can often foresee issues and other problems that could potentially cripple a new enterprise. For example, it may be necessary to have an employment agreement or non-competition agreement with a key employee or company founder. We have the skills to prepare these documents quickly and efficiently.
For limited liability companies, we strongly recommend that entrepreneurs consult with an attorney to draft an appropriate operating agreement. A well-drafted operating agreement sets the basic rules by which the business will exist. It will identify the manager, the manager’s duties and responsibilities, the manner and means by which the business will be capitalized, how distributions are made, how the business can be wound up and how disputes are resolved. The failure to draft an operating agreement can be disastrous, as that will require a court to hear evidence to determine the parties’ intent. Many individuals succeed in forming an entity on the internet, only to learn later that the operating agreement is flawed.
The Law Offices of Hintermeister & Kundel traditionally handles the formations of business entities for a flat fee. That flat fee charged is competitive with fees charged by Legalzoom and other internet providers. In the formation of an LLC, the largest portion of the fee paid is the fee paid to the state of incorporation. Contrary to popular belief, Legalzoom must also pay this fee to the state of incorporation. John and Steve have the ability to tailor the LLC to your individual needs. An LLC can be designed to protect an investor and/or an inventor. It can contain non-competition provisions and dispute resolution provisions. The LLC operating agreement should be modified to meet the needs of your business and should not be a form printed from a computer
Finally, for most start-up companies, we can incorporate the company and prepare the organizing documents very quickly. We believe that the personalized service of a law firm can be invaluable to an entrepreneur starting a business in a complex and challenging environment.
If you are taking on the exciting task of buying or selling your business, or perhaps just need some guidance in your business contracts, you will need a skilled Muscatine Business Law Attorney to help you out. There are many reasons that you might need a Muscatine Business Law Attorney, one of those being in the event that you need assistance with contract law.
Trying to write up your own contract, or not fully understanding the concepts and laws behind a business contract, can be devastating to your business. Protect your investment and you livelihood by contacting a Muscatine Business Law Attorney for any questions or contract drafting you may need done. At Hintermeister and Kundel, there are professional and experienced attorneys on staff to answer any questions you may have regarding your business, be it in sales, contracts, or the legal formation of your new business.
The Law Offices of Hintermeister & Kundel looks forward to assisting businesses in the Muscatine area succeed. Call us at 563.272.0003 to schedule your free initial consultation and discuss your situation with our experienced business lawyers.