Business Law in Sharon Hollow, Michigan
Are you looking to establish a business in Sharon Hollow? Is an S Corp or an LLC the right choice? For over 120 years, Jackson Eaton-Gordon & Associates, PLLC has helped local entrepreneurs navigate the complicated tasks involved when setting up a business entity in Sharon Hollow. 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.
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Transitioning From Sole Proprietor to Corporation in Sharon Hollow
If you are a small business owner in Sharon Hollow, chances are you are a sole proprietor. 73% of the small businesses in the United States have been established as sole proprietorships. These owner-operated 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 Sharon Hollow, 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 of 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 Sharon Hollow business planning services include:
- Succession Planning
- Family Business Preservation Strategies
- Family Farm Preservation Strategies
Establishing Farm Businesses in Sharon Hollow
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 Sharon Hollow. 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 the necessary paperwork. Call (517) 234-1981 for more information.
Preserving a Sharon Hollow Farming Business
Jackson Eaton-Gordon & Associates, PLLC helps existing farms in Sharon Hollow preserve their assets as they are passed from one generation to the next. Have you thought about how your business will operate without you someday? 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 Sharon Hollow for your family farm.