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Business Formation Archives

New business formation is at the center of economic recovery

Business attorneys in Oregon often encounter new companies being formed through the means of venture capital investments funding just for innovative startup companies. The founders of most startups also take on a degree of risk as do all business owners. Business formation in this context often involves the participation of a business law attorney who is experienced and adept in working with entrepreneurial ventures.

New business formation centers on trailer-leasing industry

Business formation in Oregon may include the situation where a business law firm represents a new startup venture that is formed by experienced executives in a certain industry. An example of such a new business formation occurred recently in another state when two fleet trailer executives started a new company called Boxwheel Trailer Leasing, LLC. The company was backed with a significant capital investment from Crosstimbers Capital Group, a private investment firm.

New business formation marries two small fast food chains

A business phenomenon seen recently in Oregon and elsewhere is the merging together of fast-food restaurants for the purpose of combining delivery and service functions. Such business unions attempt to increase each company's bottom line by reducing ultimate costs through a sharing of various resources. It's also a way for new business formation to occur, which often requires substantial legal services by business law attorneys to get the new structure organized and operating.

Business formation considerations loom for new startups

Oregon business law attorneys get the opportunity to work with many startup businesses, which gives them an insight on some of the mistakes that startups may encounter. Of course, the attorney will be primarily concerned with assuring that the legalities of business formation are established and running without a flaw. Business law attorneys are also useful for steering the startup in the right direction and sharing a wealth of knowledge with the new company.

Incubators and accelerators may assist in business formation

Oregon and all states have organization that nurture and support startup businesses to get them going and to survive. They are called business incubators and accelerators. A business law attorney who provides business formation services may coordinate efforts with these programs while also assisting the startup to get its legal filings and business structure requirements established.

Business formation includes mergers as well as startups

One of the tasks performed by a business law attorney in Oregon or elsewhere is to assist new companies in the initial start-up phase. Business formation can consist of a brand-new enterprise getting started with all of the legal structure being put in place with the assistance of legal counsel. It can also consist of a new company coming to birth from the merger of two existing companies.

Army vet enjoys business formation success after major setback

Many Oregon business owners can recall what it was like when they first began their journeys toward success. For some, their dreams of launching businesses or products took years to actualize due to various types of setbacks, including major financial obstacles or personal problems. A young woman in another state is currently celebrating her own business formation success after a long, hard road to the top.

Attorney gives critical input during business formation process

Business formation in Oregon is a stage of the startup process where the business law attorney has a strong role in assisting the business owners in choosing and setting up the right legal structure for the business. Business formation is important because it will usually impact on the method of taxation that the business will follow. The paperwork involved can be a massive amount or it can be much less, depending on the legal structure that is chosen. 

Business formation: Buying an existing business may be better

The business entrepreneur in Oregon who is contemplating opening a new business will also face the issue of whether it might be better to purchase an already existing business. Sometimes, the overwhelming range of activities needed for business formation from scratch will deflect the entrepreneur's enthusiasm for the project. The effort of buying an existing business instead of new business formation has some attractive benefits that may make it easier for an investor.

Employee handbook may be written in the business formation stage

There are various standard legal procedures required to start a business in Oregon. One important component of a small business is an employee handbook, which is generally most useful if prepared and distributed before the business formation process ends. Unfortunately, only about one in four small businesses have an updated handbook. There really is no downside to having a good manual to assist workers in understanding the rules of the workplace, benefits, rules of etiquette and other general guidelines for the job.

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