Launching or managing a business requires careful planning and a strong legal foundation. At Mitchell Law Firm LLC, we guide business owners in Memphis, TN, and Northern Mississippi through the complexities of business formation and governance. From selecting the right entity type to drafting bylaws and maintaining compliance, we ensure your business starts on solid ground and remains protected.
Our Business Formation and Governance Services
Comprehensive Legal Representation for Contractual Issues
Business Entity Selection
Choosing the right structure, such as an LLC, corporation, or partnership, tailored to your goals.
Corporate Governance
Assisting with bylaws, operating agreements, and shareholder agreements to establish clear processes.
Regulatory Compliance
Ensuring your business adheres to state and federal regulations to avoid costly penalties.
Contract Drafting and Review
Drafting and reviewing key agreements to protect your business interests.
FAQs About Business Formation and Governance
How do I choose the right business structure?
Factors such as liability, taxation, and operational needs will determine the best structure.
What is an operating agreement?
It’s a document that outlines the ownership and operating procedures of an LLC.
Do I need bylaws for my corporation?
Yes, bylaws establish rules for managing your corporation and ensure compliance with the law.
What happens if I don’t comply with regulations?
Non-compliance can result in fines, penalties, or even business closure.