Home
Practice Areas Overview
Attorney Profiles
Estate Planning
Guardianship
Business Planning
Commercial Collections
Prenuptial Agreements
Financial Advisors
Trust Officers
Contact Us
Disclaimers
We're Moving!

Press Law Office, PLLC

Business Planning

Protecting Financial Interests with Effective Business Planning

Jody Cohen Press

Business Entities

Are 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

Visa

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.

The information you obtain at this site is not, nor is it intended to be, legal or tax advice. You should consult an attorney for individual advice regarding your own situation.

Copyright © 2008 by Press Law Office, PLLC. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement.