Chantilly Business Law Attorneys

Reputable Lawyers for Business Formation and Buyouts in Chantilly, Virginia

The life of a business owner comes with daily challenges, and it can be a balancing act of keeping everything running smoothly while staying afloat. These challenges might demand one hundred percent of your attention, which can make it difficult to focus on the legal side of running a business. At Fox & Moghul, we work with owners of businesses of different sizes and multiple industries, providing strong legal counsel and guidance. Our attorneys assist at all levels of business, including negotiations for mergers and acquisitions, conducting audits, and securing financing. We are devoted to a philosophy of repetitive excellence, and we will use our knowledge and experience to promote the long-term growth of your business.

Structure and Formation of a Business

Businesses can be categorized into different legal structures that determine how ownership and leadership will be handled while also addressing liability. Common types of business structures include:

• Sole Proprietorship: The simplest structure is usually an unincorporated business that is controlled and guided by one person alone. For tax purposes, the business is considered to be part of the owner's personal assets. While this structure offers great freedom regarding how you choose to run the business, you could be left vulnerable to liability, since you are not considered to be a separate entity from the business.
• Partnership: A business with two or more owners can be structured in a similar way to a sole partnership, providing many of the same benefits and drawbacks. Depending on the role that different partners may play, a business may be structured as a general partnership or a limited partnership.
• Corporation: This type of business is treated as a separate entity from its owners. While these structures come with a higher barrier to entry, any liability in a corporation is assigned to the corporation itself, protecting the assets of the owners. Banks may also be more likely to lend to a corporation than a sole proprietorship.
• Limited Liability Company (LLC): This type of business structure borrows traits from both partnerships and corporations. An LLC is treated as a separate entity from its owners, which can provide your personal assets with protection from lawsuits or creditors. In addition, LLCs may provide tax benefits while allowing for flexible organizational structures.

When considering what kind of structure is most appropriate for your business, you should weigh how much control you want to have, your available capital, and whether you are comfortable accepting liability. A business law attorney at Fox & Moghul can help you make an educated judgment based on your needs and the long-term health of the business.

Business Valuations and Buyouts

Knowing the worth of a business is critical for negotiating a fair deal in an acquisition, merger, or buyout. Our attorneys will be comprehensive and thorough in the process of due diligence, identifying any liabilities that could threaten the business's long-term growth and determining the total value of business assets. Once we have a complete picture of the business after consulting with financial experts, we can give you an appraisal based on the business's fair market value so that you can be fully informed when entering negotiations.

Our attorneys can also draft the contracts and legal agreements involved in buyouts, ensuring that the terms protect your best interests. We will facilitate the smooth transition of business operations after the buyout.

Speak With a Chantilly, VA Business Lawyer

The stresses of running a business do not have to be shouldered alone. A reputable business law attorney at Fox & Moghul can assist you at any point in building your enterprise, whether you are looking to expand or are just beginning to get off the ground. Attorney Fez Moghul has been recognized with multiple awards for his excellence in business law. His work has been published by the American Law Institute, and he continues to educate other lawyers through speaking appearances at seminars. To schedule a consultation with Fox & Moghul, contact our office at 703-652-5506.