The startup phase is your perfect chance to avoid the problems that founders often create by bungling their startups. The seasoned Colorado startup lawyers at Sequoia Legal can help you navigate the business startup minefield.Schedule FREE Consultation
If you are planning on starting a business, you are potentially entering a situation with myriad complex legal issues.
The process of starting a business is filled with legal pitfalls, many of which are invisible to anyone without very specific legal training and experience.
At Sequoia Legal, we’ve got your back. We have been with many of our business clients right from the start, meaning that our startup attorneys have seen it all. We can assist you at every stage of your emerging business.
You shouldn’t attempt to represent yourself or your company during the startup phase of your business. Every decision you make carries consequences that can unfold over months or even years. Your choice of business entity and related tax elections, for example, can carry tax consequences that could prove ruinous down the road.
The structure of your business documentation, such as a partnership agreement or an LLC agreement, could present unexpected obstacles to the addition of a new equity partner. Raising capital is bound to raise a myriad of legal issues, as will regulatory and tax compliance. There is probably not a single area of your operations that will not be affected in some way by legal issues. A small business startup lawyer can save you a multitude of headaches.
The law is more complex for some industries than for others. Regardless of your industry, however, your startup is going to face legal obstacles, challenges, and opportunities throughout its lifetime. Because of this, a business law attorney is a necessity rather than a luxury. You may, for example, need a startup company attorney for the following matters:
In addition, you may need a corporate lawyer for startup advice on various day-to-day legal matters.
If your company is just getting started, you need a law firm that works with startups that has accumulated extensive experience in various industries. Our small business startup attorneys service clients in the following industries, among others:
We offer the legal support you need to launch your startup company and achieve your business objectives.
The experienced startup attorneys at Sequoia Legal can make it happen for you and your team:
Our ultimate goal is to provide you with the maximum degree of control over your own destiny that outstanding legal services can achieve for a startup.
Many startups are tempted to delay the expense of hiring a lawyer until the company starts making money. This is a bad idea all the way around. Hiring a lawyer who specializes in startups at the earliest stages of your business can save you far more than they will cost you.
Which type of business entity you should choose depends on your business plans, your risk tolerance, and many other factors. Selecting the wrong form of business organization could mean bankruptcy, or it could mean a crushing tax burden. Consult with your attorney on the pros and cons of each form of business organization in light of your financial resources and your unique business goals.
The following startup expenses are common:
Even on a skeleton budget, you will need at least the following:
You can form an S-corp or form an LLC and ask the government to tax it as an S-corp. LLCs allow you far more structural flexibility. Remember, though, if you form an LLC and have it taxed as an S-corp, you must file an individual S-corp tax return every year.
Online startup incorporation services are not law firms, and they don’t pretend to be. When you use one of these services, you end up with a prefabricated legal structure that is not tailor-made to suit your business needs. In fact, if you seek to bring in a new member, you might even have to tear it all up and start over again. A commercial and corporate attorney can help you individualize your business structure.
Sequoia Legal is a Denver-based business law firm for startup companies that understands the unique legal challenges faced by startups. Call us today at (303) 476-2851 or contact us online for a free consultation.
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I would highly recommend Sequoia legal. They are professional and personable. They are committed to your needs and making clients their top priority!
It has been a pleasure working with Sequoia Legal. Andrew and Hunter have been instrumental in helping to ensure that we are making the right decisions for our business. When we need their assistance or counsel, they handle things in an effective and efficient manner. Highly recommend working with this firm!!
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Andrew and Hunter have been an invaluable partner for our business. They are extremely responsive and have been advising us on a variety of issues. I would highly recommend them to anyone looking for corporate counsel assistance
Sequoia Legal has been a critical component to my business's success. I rely on Andrew Lopez and his team to steer us through the many challenges a business faces, from contract negotiations to M&A to internal legal matters. You are in good hands with Sequoia!
I have used Sequoia Legal for the last 4 years. No matter what my needs are they are quick to respond, follow up and resolve my issues. I wouldn't use anyone else for my legal needs.
Andrew and Hunter where extremely knowledgeable, ethical and professional in helping me navigate business contracts with high liability. Thank you guys!
Hunter Boone, Sequoia Legal, LLC, Has reviewed two contracts for me over the past three years. One the sale of our home, the other the sale of our business after 35 years. Hunter handled everything for us professionally and thoroughly! We will use Sequoia Legal again in the future if needed.
I have had an outstanding experience working with Hunter Boone at Sequoia Legal. He quickly responded to any and all requests for legal advice. His work was thorough, complete and timely. I will definitely be returning in the future.