Starting a new business is exciting! One area of practice we handle at Miller, Mannix, Schachner and Hafner, LLC is to help people with business start-ups in the Glens Falls, Saratoga region. Hopefully, they will have met with a business advisor or coach to work through the necessary planning required for their business, and now it is start-up time!
We meet with the prospective business owner to go over the options for choosing the right structure:
- Sole proprietor
- Limited Liability Company
Often one key factor is the importance of limited liability so we spend the most time on choosing which is most appropriate, an LLC or a corporation. From our analysis, LLC is often the right choice but we suggest they seek input from their accountant or CPA who analyzes the income tax issues. Quite often the options open to him or her after meeting with their CPA leads to deciding that an S-corporation may be the appropriate choice.
Once that decision is made, we can easily form the business and focus on creating the important documents required to get up and running. We continue to offer advice and support as needed during the life of their business.
If you need guidance on how to start a business in Glens Falls, Queensbury, Lake George or Saratoga Springs region, contact us at (518) 793-6611 to schedule an appointment. One of our attorneys will meet with you to discuss your business formation needs and answer your startup questions.