You’re in business to be profitable. Unfortunately, without proper legal counsel, your business and profits could be at risk. H.A. Phillips business law services can help you protect your business, so you can focus on doing what you do best. Our business law services include:
- Business Entity Formation
- Nonprofit Formation
- Business Registration
- Business Document Templates
- Ongoing Legal Consultation
- Business Succession Planning
- Mergers & Acquisitions
- Cyber Security Compliance Policies
- Preparation for Venture Capital Financing
BUSINESS ENTITY SELECTION AND FORMATION
When you are incorporating a business or forming an LLC, it’s important to do it right from the start to avoid serious legal and tax issues later. Our business entity formation package includes everything you need to set up your business entity. As part of our business entity formation package, we will counsel you on which business entity is right for your business and help you form that entity in whatever state you do business. Our business entity formation package includes an operating or shareholder agreement, as well as templates of documents you will need later, such as corporate meeting minutes and unanimous consent forms.
We can help you with any of these types of business entities:
- S Corporations
- C Corporations
- Sole Proprietorships
When forming a nonprofit, it’s essential to set up the business entity properly. We can help you attain tax-exempt status by drafting a Form 1023 for a public charity or 1024 for a private foundation. Setting up your nonprofit correctly from the start will help you attain tax-exempt status and reduce risk moving forward. Contact us to get your nonprofit started.
We perform the registration with the Colorado Secretary of State and procure your EIN with the federal government so that you can open a business bank account and get your business running within one week.
ONGOING LEGAL CONSULTATION
Perhaps most importantly, as part of our business entity formation package, we provide ongoing consulting services to ensure that you maintain the limited liability benefit of your company. We make sure you are operating your business in such a way as to limit your personal liability.
BUSINESS SUCCESSION PLANNING
You can protect your business from dissolution due to a partner’s death, disability or departure with proper business succession planning. Whether you need buy/sell provisions in your operating or shareholder agreement or a buy/sell agreement as a stand-alone document, H.A. Phillips Law can educate you on which documents are appropriate, and then provide this service. These documents are essential because they assure everyone involved in the business that if an essential partner is disabled, dies or leaves, the business can continue.
MERGERS & ACQUISITIONS
If your business is merging with or acquiring another business, we can help you with that effort from start to finish. We will educate you about the M&A process and guide you through all aspects of due diligence. We can draft and negotiate an asset or stock purchase agreement, whichever is right for your situation.
What sets H.A. Phillips Law apart from other firms is that we have deep experience in business, so we aren’t just interested in arguing legal semantics with opposing counsel. We are more concerned with helping you attain your business goals rather than racking up a lot of billable hours.
In the mergers & acquisitions process, we can help you with:
- Bills of Sale
- Assignment and Assumption Agreements
- Subscription Agreements (Stock Purchase)
- Non-Compete and Non-Solicit Agreements
- Financing Agreements
- Licensing Agreements
- Promissory Notes
CYBER SECURITY COMPLIANCE POLICIES
Without internal policies that keep you in compliance with cyber and data security regulations, your business is vulnerable to liability and/or fines. We make sure your business is in compliance with existing regulations and keep track of changes due to ongoing case law.
We help you create company policies regarding wire transfer fraud, lost devices and ransomware that protect you in the event your data is ever compromised. Should you ever experience hacking or data pirating, you will be less vulnerable to liability with proper cybersecurity compliance policies in place. Contact us to get started on creating your cybersecurity compliance policies.
LEGAL PREPARATION FOR VENTURE CAPITAL FINANCING
When looking for venture capital for your business, you want to make it easy for a VC to agree to finance your operation. We have decades of business experience, so we understand what venture capital firms are looking for and what they want to see in a potential investment. We can review your corporate documents and make sure they are compliant with securities regulations so that your company is more attractive to venture capital investors.
Whatever your business law needs, H.A. Phillips Law can provide you with meticulous, personal service that will help your business be more successful.
“The level of service and the honesty that comes with Heath doesn’t exist anymore in other law practices. For example, during a litigation process, Heath told us that the legal fees involved would not be worth the outcome. Instead of letting us rack up legal bills, he advised us to walk away and save ourselves a lot of money. What lawyer gives up an opportunity to bill clients? Heath is an honest attorney.”
Kenny Lombardi, Vice President, Center Land Properties