Business Advisers To Meet Your Business Needs
Owning and operating a business comes with its own perks and challenges. We know that you work hard every day to handle your employees, equipment, customers and various financial matters. Still, every now and then, you might come across a problem that’s too big for you to resolve on your own. Whether it’s because a new legal dispute is on the horizon or you just need professional advice on a corporate law matter, don’t hesitate to contact one of our experienced attorneys at Knoll Leibel LLP, as soon as the issue arises.
With nearly 40 years of combined legal experience, we have handled a large variety of business-related issues and concerns. We are well-versed in many areas of business law and will employ that knowledge to your maximum benefit. We can work closely with you from the initial conception of your business idea, and we know how to best help you meet your short-term goals and make effective long-term plans.
Time is money – and your time is precious. That is why we are here: to help you make informed choices aimed at ensuring your business’s continued security, efficiency and success, all while helping you avoid any potential pitfalls and disputes (both external and internal). We can help you protect your business interests both preemptively and after any allegations of wrongdoing.
Experienced And Results-Oriented Legal Services
Commercial and business law can cover a wide breadth of issues. We can help you no matter what stage your business is in – no problem is too big or too small. We can assist you with the following areas of commercial and business law and more:
- Business succession: A business succession plan is like having a will or a trust in place for your business that will be enacted when a person passes on or retires. A business succession plan dictates what is to happen to a person’s business, including terms of taxation, new ownership, new management procedures and other related issues. When managing your business, an integrated approach is necessary when it comes to dealing with retirement and estate planning because you must also consider the eventual transfer of the business. Public and private companies have some key differences when it comes to successions, such as income tax, capital markets and access to capital.
- Buy-Sell agreements and disputes
- Contract negotiations and disputes: Contracts are an absolutely crucial part of business operations. Sometimes, they can make or break a deal. That is why we are proactive in drafting and reviewing enforceable legal documents to protect our clients’ business interests. Such contracts can include partnership and shareholder agreements, buy-sell agreements, franchising agreements, and noncompete and intellectual property covenants. At Knoll Leibel LLP, we can also help you with shareholder, partnership and other corporate agreements.
- Establishing corporations, partnerships, limited liability partnerships (LLPs), limited liability limited partnerships (LLLPs), limited liability companies (LLCs) and limited partnerships (LPs): There are many important things to think about before choosing a business form, such as your preference of tax treatment, how you intend to structure your management, the ways you intend to capitalize your business, whether you want to trade your business stock publicly and various liability issues. Having a properly established business entity can shield you from personal liability for your various business debts and obligations. Consulting with a legal professional is the best way for you to choose which form you want your business to take.
- Nonprofits: A nonprofit is an entity that has obtained a tax-exempt status and primarily serves the public interest. A nonprofit must also reinvest all its assets into the organization, give them to the public or give them to another charity. Its tax exemption status is contingent upon it meeting the needs of the general public. Nonprofits are also formed under state law and are funded by donors without any ownership rights. However, nonprofits and LLCs enjoy the same type of liability protection. Because of the unique nature of nonprofits, it is important to acquire a lawyer who understands the ins and outs of your organization. Nonprofit organizations must meet their own requirements and complete their own specialized forms with which traditional business attorneys may not be familiar. At Knoll Leibel LLP, we can skillfully help your organization flourish.
- Promissory notes: Generally speaking, a promissory note is a basic type of legal contract that sets out the terms of a loan. Promissory notes usually do not have very many formalities and thus are one of the simplest ways to obtain financing for your business. They are also known as commercial paper, demand notes, IOUs, loan agreements, notes, notes payable, promises to pay and secured or unsecured notes. They include the names of the involved parties, the amount borrowed, the amount to be repaid, when and how the payments will be made and other relevant information.
- UCC documentation: Uniform Commercial Code (UCC) is a type of filing regarding liens. It is a document or a group of documents that explain a lending institution’s interest in the debt and/or lien. These forms provide information about and the terms of the agreement of the debt and how it was created. UCC liens are a normal part of business financing. Certain assets may be pledged for a UCC lien. In any case, it is of the utmost importance to have an experienced commercial and business transactions attorney look over the documentation to ensure that all information is valid.
Our strategy is specifically made to achieve your goals. We know that we cannot employ a one-size-fits-all approach to all matters of business. Every business – and every client– is unique. You can rest assured that all the decisions will be made after careful consideration of your company, your concerns and your goals and after making sure that all your questions are answered.
Experienced Commercial And Business Transactions Attorneys
Just like there is no problem too big or too small for us to help you with, all our clients are our top priority. Whether you are a small business or a well-established corporation, we are committed to helping you achieve your vision. We can guide you through each stage of your business’s development, and we are committed to your continued success.
We have experience with helping our clients form corporations, partnerships, LLCs and business entities. In addition, we are also proficient in purchasing and selling existing businesses. We also understand what goes into partnership and stockholder purchases, sales and buyouts. We are a people-oriented, results-oriented firm that is committed to giving you personalized, quality service in any situation that arises.
Your business is one of the most important things you have. Do what you can to protect it. When you choose the skilled and respected attorneys at Knoll Leibel LLP, you choose dedicated and experienced professionals. We provide you with personalized, quality service for all your legal needs, and we will make every reasonable effort to get you the results you want.
How Can We Help Your Business?
Contact us today to schedule a free initial consultation with a qualified member of our team of legal professionals. Call 701-255-2010 or fill out our online contact form to discuss your legal matter. We are happy to assist our clients from Burleigh and Morton counties.