Protecting Financial Interests with Effective Business Planning 
Business EntitiesAre you thinking of starting your own business? Are you already a small business owner? One of the most important business considerations is what type of business entity you are. There are many business operating models ranging from the sole proprietor to partnerships, corporations and LLCs. Are you operating your business in the model most advantageous for you? If you're not sure, contact me. I can review your business plan and help you decide what's best for you. Buy-Sell Agreements Have you thought about what happens to your business when you leave? Are you so focused on running and growing your businesses that you haven't given this more than a passing thought? Sooner or later, you'll need to ponder this. It's better to start sooner. There are two ways to exit your business: by choice or by circumstance. If you leave by choice, you'll likely retire or sell. If you leave by circumstance, you may have an illness, a disability or terminal illness. If you don't have a plan for your exit, your business may not survive. Or, if own your business with someone else and that person dies, you may suddenly find yourself in business with that person's spouse or kids. Savvy business owners have buy-sell agreements. Buy-sells are a planning tool that allows you to decide in advance what happens to your business when you exit. Buy-sells can be created for corporations, partnerships, LLCs and even sole proprietors. Contact me and we can discuss how a buy-sell agreement can work for you. Press Law Office, PLLC 1421 Park Avenue South, Suite 101
Minneapolis, MN 55404
Phone: 612.338.8927
Fax: 612.343.0523
The estate planning attorneys at the Press Law Office, PLLC, represent individuals, married couples, domestic partners and small business owners throughout the greater Twin Cities metropolitan area, and Western Wisconsin, including Hennepin County, Ramsey County, the cities of Minneapolis, Edina, St. Louis Park, St. Anthony, Golden Valley, Plymouth, Minnetonka, Wayzata, Maple Grove, Bloomington, St. Paul, Maplewood, Roseville, and more.
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