Business Law in Ida, Michigan
Are you looking to establish a business in Ida? Is an S Corp or an LLC the right choice? For over 119 years, Jackson Eaton-Gordon & Associates, PLLC has helped local entrepreneurs navigate the complicated tasks involved when setting up a business entity in Ida. There are steps that must be followed that require accuracy and adherence to deadlines. The experienced lawyers at Jackson Eaton-Gordon & Associates, PLLC specialize in making sure all is in place when you open your doors as a new business. Call (517) 234-1981 to schedule a consultation with a business law specialist.
Transitioning From Sole Proprietor to Corporation in Ida
If you are a small business owner in Ida, chances are you are a sole proprietor. 73% of the small businesses in the United States have been established as sole proprietorships. These owner-operate businesses are quick and easy to establish, and do not require filing with your state as a business entity.
The trouble with this structure is that as an individual, you assume all the risks and liability of your business. There are other, less risky options, that are inexpensive to form and give you an added layer of protection against liability. Call Jackson Eaton-Gordon & Associates, PLLC and learn the various business structures available to you and the pros and cons of each.
Call (517) 234-1981 and learn more about getting assistance with forming:
- Form a C Corp
- Form an S Corp
- Form an LLC
Keep it in the Family
Whether you Own a Sole Proprietorship in Ida, an LLC or a Corporation, there are other considerations that must be made regarding your company in the event that you are no longer to operate the business whether temporarily or permanently. How will your business be divided upon your leaving?
By properly setting up and meeting requirements as a corporation, Jackson Eaton-Gordon & Associates, PLLC can help ensure that your business and all if its assets will be transferred to your successors with minimized tax liability. Jackson Eaton-Gordon & Associates, PLLC frequently assists small to medium sized businesses with Succession planning .
Just some of our Ida business planning services include:
- Succession Planning
- Family Business Preservation Strategies
- Family Farm Preservation Strategies
Establishing a Farm Businesses in Ida
There are hundreds of farm businesses in Michigan. If you own acreage and pay taxes, you are probably qualified to start and run an agricultural business in Ida. Farming businesses can include profitable commodities such as raising livestock, growing crops or even agri-tourism. If you are considering starting a farm business, Jackson Eaton-Gordon & Associates, PLLC can help. First, we'll check with the local zoning regulations to make sure you are eligible. From there, we will help you establish a business entity and file necessary paperwork. Call (517) 234-1981 for more information.
Preserving an Ida Farming Business
Jackson Eaton-Gordon & Associates, PLLC helps existing farms in Ida preserve their assets as they are passed from one generation to the next. Have you thought about how your business will operate without you some day? Do you have designated successors? The business law experts at Jackson Eaton-Gordon & Associates, PLLC can assist you with navigating the legal maze that many business owners face as they plan for the future of their businesses. Call (517) 234-1981 and speak with a law expert who can help you keep it in the family and avoid probate in Ida for your family farm.
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