If you are starting a new LLC or small business in San Diego you need to give serious consideration to the importance of getting your company off on the right start. You are forming a new business, and the purpose of that LLC is not to give you permission or the ability to do business here in San Diego. The reason for having an LLC is to separate your personal assets from your business assets and liabilities. Downloaded forms are generic, and most simply don’t cover the type of legal wording required by California law. The first time a creditor wants to sue your business, they will immediately request your corporate documents and proof that you have done all that is required to protect the corporate veil including compliance with all corporate governance laws.
The purpose of forming your company is to protect your home, your vehicles and your personal bank accounts and children’s college funds from the reach of business creditors. The LLC should be a solid legal wall that keeps creditors out of your personal assets. This requires some careful planning up front.
Starting a new LLC or small business in San Diego is much more than downloading some forms and filing a few applications with the State. When the experienced business formation attorneys at the Watkins Firm sit down with entrepreneurs to start an LLC, there are literally dozens and dozens of potential clauses and options that must be considered for both the corporate documents and the operating agreement. We go through each option with you so that you understand the legal implications and make informed decisions. We help you to build your new company on a solid foundation that is much more likely to be able to weather any potential financial or legal storm that approaches.
We also help you to understand your responsibilities, and the steps you must take each year to protect the corporate veil and keep your LLC in good standing with the State of California. We also serve as a “business coach” who can help you to avoid the types of mis-steps and pitfalls that lead to business failure. Our goal is to help your business to survive and thrive. If you are starting a new LLC or small business in San Diego we invite you to contact us or call to speak with us personally for a free and substantive consultation at 858-535-1511. We will discuss your new business, and share our decades of experience and expertise with businesses just like yours. We will do everything possible to help your company get off on the strong footing that will protect your personal assets while positioning your company for success.