Are you considering forming an LLC in San Diego or anywhere in California? Are you working with another individual or group of individuals to pursue an investment or new business concept? Are you interested in partnering with another business to pursue a specific objective based upon a vertical niche segment or geographical market? How can a Limited Liability Corporation or LLC provide the right business vehicle for your project while protecting you and your business or investment partners?
40+ Years of Business Formation Experience
Why should you consider hiring the Watkins Firm to form an LLC for in San Diego for your new company, investment or joint venture? We have literally helped to form thousands of new corporations and LLCs over our 40+ years of experience serving the business, science and tech, real estate and medical / healthcare communities here in San Diego and Southern California. provides the necessary business structure for the venture and additional layers of protection for the parties associated with it.
The primary objective of any business entity is to provide personal protection from the liabilities associated with the venture. The corporate veil of the LLC separates the assets and accounts of each individual member (owner) from the liabilities of your new LLC. You will need to vigilantly protect the integrity of your new LLC corporate entity to ensure the viability and protections of the corporate veil for each member of the LLC.
The Operating Agreement is a Crucial Document for Your LLC
The LLC’s operating agreement should clearly establish the principles upon which the business or joint venture will operate and the relationship between those who own the LLC. The operating agreement should clearly identify the roles and responsibilities of the parties. It should also specify the source of start-up funds and how income associated with the project is to be managed or distributed.
The operating agreement should anticipate the types of individual life challenges the members of the LLC may face during the term of the project. What happens if one of the members passes away or becomes incapacitated? What happens if additional investment is required? How will disputes between members in the LLC be resolved? How will the ownership position of each member be valued at any point in time? What will trigger an event leading to the acquisition of another member’s interest?
Forming an LLC in San Diego Requires an Experienced Legal Partner
If you are serious about the company you are about to begin and the investment you are about to make it is important to get every step of the business formation process right. Forming an LLC in San Diego or anywhere in California requires an experienced legal partner who can provide extensive legal and business insights at every point of the formation process and the business journey ahead.
What is it that separates the few businesses that survive the business start-up process from the vast majority that fail? The experienced San Diego business attorneys at the Watkins Firm have more than four decades of experience in the formation and operation of small to mid-sized businesses such as an LLC. We work with you and other parties who may be involved to develop the foundation upon which a successful investment, partnership, joint venture or small business can thrive.
If you are interested in forming an LLC in San Diego or anywhere in California for your new business, an investment or joint venture we invite you to review our podcast Episode 34 – Business Formation as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
