Joint Ventures and Business Formation.

Joint Ventures -

Sometimes two businesses have complementary lines of businesses, and may find it advantageous for them to form a joint venture to carry out a new line of business, perhaps to reduce liability or to get new investors, but not wanting to affect their original businesses.  Negotiating the joint venture agreement is important for the success of the parent companies' new venture.

Business Formation -

When a person or group decide to form a business, there are several choices to consider. Sole proprietorship, partnership, limited liability company, C corporation and S corporation all have advantages and disadvantages.  Should you business be formed in the state of residence of the owners, or should it be formed in Delaware or Nevada or Wyoming? Will you be seeking funds only from your credit cards, family and friends, but will you also seek funding from angel investors or venture capital firms?  For example, the founders want to maintain control but also be attractive to investors.  You also need to be capital compliant in raising funds from investors. This law office can assist in all of these areas.

Summary.

If you are wanting to form a joint venture with another company or create a new business entity, Mr. Wiemerslage can assist with the drafting the agreements and forming the business, including assistance in becoming capital compliant in raising funds from investors.