Business & Commercial Law in Virginia
Attorneys promoting quality business strategies
Owning a business is often a labor of love and has its share of risks, rewards, and challenges. Grad, Logan & Klewans has attorneys licensed in Virginia, Maryland, and Washington D.C. They know business law and they guide you through establishing your business, while minimizing risk and negative exposure.
Starting your business
Our business attorneys handle a wide range of sophisticated business transactions and serve as general counsel to several companies. An important first step for starting a business is selecting the proper business entity.
You will want to enlist an experienced business law attorney at Grad, Logan & Klewans to help identify the appropriate entity for your business. We have extensive knowledge of different business entities:
- Limited Liability Company (LLC)
- Limited Liability Partnership (LLP)
- Partnership
- S corporation
- Other corporate entities
Our attorneys advise you of the benefits and drawbacks associated with each entity, helping you to determine which suits your business. Once you select your business entity, our lawyers prepare the documents you will need to operate your business successfully:
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How to address your operational needs
A significant concern for a new business is securing and allocating start-up capital. Most new businesses do not initially operate at a profit. We consult with you and your accountant and we determine an adequate amount of capital.
Then, we prepare guidelines as to how you plan to invest the funds in the business (e.g., purchasing equity, loans to the business). We advise you how the business structure will affect funding and how to maximize tax advantages.
If your business has multiple owners, you need to address allocation of business control and capital. Business owners generally replace the law’s default rules regarding these matters. They apportion power and money among themselves as they see fit.
Grad, Logan & Klewans assists you in structuring the owners’ relationship. We prepare contracts documenting such relationships, including stockholders agreements and employment agreements.
Grad, Logan & Klewans not only provides legal services to growing businesses, we serve as counsel and mentor as well. Our clients continue to have various legal needs, possibly including litigation, once a business is operating.
Disputes can arise between co-workers wishing to dissolve a business relationship, or shareholders may disagree with decisions made by the Board of Directors. Our experienced business attorneys address disputes proactively, working to limit the possibility of disputes in the future. We stand behind your business when you cannot avoid disputes.
Partners in success
Grad, Logan & Klewans provides general corporate, commercial representation in all aspects of business and professional practices from start-ups to publicly-held companies. We remain invested in our clients’ ongoing business concerns and finding innovative ways to address them.
We work with you to build a long-term relationship, enabling us to meet the growing needs of your business, protect your assets, and plan for tomorrow.
Contact Grad, Logan & Klewans for more information about business formation and schedule an appointment with one of our business law attorneys.
