Your experienced San Diego business formation attorney at the Watkins Firm will provide you with sound business advice based upon more than four decades of business formation experience here in Southern California. Our clients draw upon this breadth of experience and legal insight to select the best business entity for their company or venture.
We provide you with the documents and advice necessary to get you into business quickly and cost-effectively. Did you know more than 70% of new companies fail in the first three years of business? Our work together will help you to beat the odds and build a successful and thriving new businesses in California. As your general counsel and business advisor we will help your company to survive and thrive in this competitive business environment now and in the months and years to come.
What Entity Is Best for Your New Company?
What entity is best for your new company? Should you select an LLC, S Corporation or C Corporation? If you are a medical practice or healthcare business and/or a licensed professional should you consider a California Professional Corporation (PC) and implement a Management Service Organization to allow outside investment while streamlining business operations and reducing overhead and expenses?
This decision is based upon the type of business you intend to start and your short and long term growth plans. Will you do business across state lines? Across international borders? Will you have employees? How many partners, members, investors or shareholders will there be as you start your company? How will you bring in new investment to provide your company with the necessary capital to expand and grow?
A Proven Proprietary Library of Corporate Documents or a Download Site?
Download sites provide a boilerplate – then attempt to sell you services to help you complete the process. This strategy may get you into business at a minimum cost but it does nothing to set the company up right from the outset. If you make money, prepare for substantial (read: expensive) disputes down the road.
After more than 40 years of service as a small business owner and a successful, experienced San Diego business formation attorney I would offer three things for your consideration:
- Every business should have 3 important partners/advisors: an experienced business attorney, a CPA/Tax advisor and a banker/source of funds. We want to be your trusted adviser and provide valuable guidance and insight as you pursue your vision. We know a lot of people and have probably helped many companies just like yours. We can help you to avoid unnecessary traps and reach your goals sooner.
- If you have more than one owner and/or intend to pursue serious success (make substantial money) you need to make sure your new company is properly structured from the start. After more than 40 years I can tell you – when there’s money being made people do strange things.
- We actually use a type of boilerplate ourselves to keep costs down. We have developed a proprietary library of proven, battle-tested corporate documents which are regularly updated to reflect any changes in federal, state and/or local laws, regulations and ordinances. California is unique. Our business laws are unique. If you download from a forms site you are taking a substantial risk. We take a proven boilerplate and custom-tailor it to reflect your unique application. We spend a lot of (complimentary) time with you up front to get to know you and help get your company off on the best footing possible. The difference in cost is quite minimal when compared to the insight we can provide and the ongoing business relationship we will share as the Watkins Firm supports your goals and objectives now and in the future.
Your Proven, Experienced San Diego Business Formation Attorney
If you are serious about business you need your own proven, experienced San Diego business formation attorney.
A download site sells you boilerplate contracts which you must fill out on your own. We walk you through the process from start to finish. Did you know there are more than 150 clauses in the corporate documents that we review with our new San Diego business startup clients? These questions aren’t “yes” or “no,” they are much more “if this, then that.”
Remember earlier when I told you if you have partners and make money you will experience disputes and lawsuits? I’ve seen a lot in more than 40 years as a business attorney. I can also tell you, if you take the time to get the corporate documents right up front, the odds of a dispute down the road are genuinely significantly reduced. When the documents and agreements are right, there is literally nothing to fight about. And if someone attempts to do something, we can put an immediate stop to it and hold them accountable.
The Watkins Firm will provide you with legal insight backed by practical business experience to inform each decision as we work with you to bring your company to life. These decisions lay the foundation for your new company. Our corporate documents will guide all aspects of your company moving forward.
Your experienced San Diego business formation attorney at the Watkins Firm will be there and ready to help you through this exciting process, and in the months and years to come. We guide you through the decisions which will form your company while helping you to beat the odds and build a successful business. Are you ready to get lay a strong foundation for your new venture? We invite you to review our Podcast Episode 34 – Business Formation, the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
