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Jim Saad's experience in business formation provides counsel to entrepreneurs and existing enterprises in the formation and operation of business entities. For someone starting a business or changing the existing form of a business, the choice of entity requires an understanding and analysis of a host of factors, including: (i) the number of owners and their relationship to the business and to one another, (ii) the service or product offered, (iii) the capital requirements of the business, (iv) regulatory and tax factors, (v) tort and contractual liability issues, and (vi) future business and expansion plans.

While corporations continue to be the predominant business entity in America, partnerships (particularly limited partnerships) and limited liability companies can have advantages in certain situations, especially for ownership and development of real estate and for family-owned businesses in which some owners are not, or may not in the future be, active participants. We have extensive experience setting up and counseling sole proprietorships, partnerships, corporations (Subchapter S and Subchapter C), non profit corporations, and limited liability enterprises.

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