Business Planning And Formation

Starting A Business Is An Exciting Time

Business formation done properly can help set your business on a path to success. Our attorneys have advised clients on these matters throughout Northern Illinois and much of Chicagoland.

Our experience allows us to provide experienced counsel for individuals and businesses in need of help starting a new business or making changes to the formation of an existing one.

How Do You Choose Between A Corporation, Partnership Or LLC?

The legal form your business chooses is a foundational question. Different legal forms such as a corporation, a partnership, a limited liability company or a sole proprietorship, have different management structures and your role as an owner or manager may change, depending on the form you choose.

Important questions such as the degree of risk which you will assume, the type of management structure, how taxes will be paid and the formality of reporting requirements, are all dependent on your choice of entity. This is a complex analysis and you want to receive counsel from attorneys who have a strong understanding of the subject of business formation.

Our Experience Provides Your Business With A Strong Foundation

Spagnolo & Hoeksema, LLC, is particularly well-positioned to advise clients on their formation strategy when creating a new business or modifying or spinning off of an existing business. Our attorneys have decades of experience working with businesses at every stage of their existence, from startup to succession planning.

Two of our lawyers are also certified public accountants and one is a tax law professor who has written numerous books and articles on tax law. One of our attorneys is a highly skilled litigator whose experience provides clients with an additional perspective when they are trying to choose between a corporation, a partnership, or a limited liability company.

Our firm routinely handles formational issues involving:

  • Business acquisitions and sales
  • Contracts and commercial law
  • Commercial and residential real estate loan documentation
  • Corporations and partnerships
  • Professional corporations
  • Limited liability companies
  • Financing negotiations
  • Business planning
  • Joint ventures
  • Employment law

Contact Our Firm

Contact our Hoffman Estates office today and make an appointment to discuss your choice of business form with our experienced attorneys at 847-519-1101 or use our online form.