One of the most basic, but often overlooked, aspects of any small business is its organizational structure. It is essential not only to select and implement the correct legal structure and management documents at the outset, it is equally important to periodically review the operating and governing documents to ensure they have kept pace with the business’ growth and reality of operations.
For more than 30 years, James Loots has advised clients and assisted them in tailoring their business structure to their specific needs, as well as minimizing risk and maximizing the tax benefits and pragmatic aspects of their business structure. We often work hand in hand with clients’ accountants and managers to ensure the legal structure matches the financial needs and business reality of their operations. Special situations, like having managers “earn in” an equity position in the business, are nothing new to us. But it has to be done right, and that’s where experience and expertise really matters.
And, when there is a need for more capital, generational transfer, or to adjust ownership to reflect the arrival or departure of new players or the purchase or sale of a business, the firm is there to guide current or new ownership through the potential pitfalls of transition. Convertible securities, loan agreements, ownership purchase options, stock subscriptions, seller “take backs” and all manner of similar business transactions are nothing new to us, and we can help your business select and implement the correct structural documents to successfully grow and manage its enterprises.
Some of the Business Organization services we provide include:
IMPORTANT INFORMATION: Nothing in this website is intended to provide legal advice, and you should never send confidential information to our firm over the internet via email or any form submission unless and until we have established a formal professional relationship. Past results do not predict future outcomes as each client, case and legal situation is different. That said, we invite you to learn more about our firm and to contact us for more information or to discuss your specific legal needs and see if we can be of assistance. Attorneys licensed to practice in the District of Columbia and State of Maryland, as well as numerous federal trial and appellate courts, including the Supreme Court of the United States. Copyright 2022 Law Offices of James M Loots PC. All rights reserved.