Small Business Planning

Building Stable Foundations For Businesses Across New York State

When it comes to entrepreneurship in New York, laying the groundwork for long-term success is critical. Whether you’re forming a brand new venture or reconstructing an existing business, working with a qualified attorney streamlines and strengthens every step you take.

Comprehensive planning early on can save you time, money, and headaches down the road – all while enabling you to move toward your goals with confidence and efficiency.

Hyl Conte Law, PLLC is pleased to provide customized counsel designed to help small businesses across New York start strong and remain protected as operations grow. Drawing from 40 years of experience, we do what’s needed to ensure our clients receive the clear and communicative representation to help them thrive.

How We Help Clients Create Successful Business Entities

Forming the correct business entity is among the most important decisions you can make as an entrepreneur. Our attorneys advise clients on the best structure for their unique goals – whether it be a limited liability company (LLC), sole proprietorship, partnership, S corporation, or C corporation.

Each business structure has its own implications for liability, taxes, and management. From the very beginning, we take the time to fully understand your needs and tailor our services accordingly to minimize risk and maximize control.

Drafting Operating Agreements

Operating agreements are essential for LLCs. They outline the rights, duties, and obligations of members and managers. They also define voting structures and establish procedures for decision-making and profit distribution.

Bylaws

For corporations, bylaws are the internal rules that govern how the business operates. They address factors such as the election of directors and how meetings are to be conducted. Clear, well-crafted bylaws are fundamental to keeping your corporation compliant and functional.

Shareholder Agreements

Shareholder agreements assert how shares are issued, transferred or sold. They also outline what should happen if a shareholder retires, leaves, or passes away. This is a valuable tool for protecting your interests and those of the company.

Corporate Resolutions

Corporate resolutions are formal decisions made by the board of directors or shareholders. These are documents that authorize major business actions and are used for banking, financing, or regulatory purposes.

Buy-Sell Agreements

Buy-sell agreements help prevent disputes among co-owners by outlining processes for selling or transferring ownership interests. They can go into effect when events like death, disability, divorce, or departure take place.

How To Avoid Common Pitfalls In Business Formation

We strongly caution our clients against relying solely on online business websites. While they may seem convenient, these services often generate generic documents that are not in compliance with New York laws and fail to meet your unique needs.

Improperly formed and poorly drafted documents can leave you personally liable and unprotected. By consulting with an adept small business planning lawyer, you can avoid these costly mistakes from the start.

Your Success Is Our Top Priority

Learn more about how our small business lawyers can help you achieve and maintain your professional goals.

At Hyl Conte Law, PLLC, we’re not just small business contract lawyers – we’re entrepreneurs, too. We understand the complexities of starting and running a business in New York’s bustling professional environment. Paul Hyl, a founding member of the firm, also operates a captive insurance management company.

Through his work at Private Insurance Management, Inc., he helps clients form and maintain captive insurance companies as part of their overall risk management strategy. This hands-on experience informs everything we do for our business clients.

Ready to schedule your free 20-minute phone consultation with a member of our team in Lindenhurst, NY? Call (877) 200-6845 or complete our online form today!