Small Business Formation

Business Structuring • Ownership Disputes

Small Business Organization Lawyer in Connecticut and Vermont

The viability of a new business venture is largely dependent on the proper formation at start-up. I work closely with the solitary owner or group of principals to ensure that the small business organization is orderly and anticipates potential conflicts.

My practice, Eric Anderson, Attorney at Law, is located in Greenwich, Connecticut, serving small enterprises in all industries in southern Fairfield County. I also can assist businesses in southern Vermont, where I practiced for many years. Call 203-869-0528 to discuss your business formation, restructuring, or internal legal dispute.

Entity Selection and Governance

I sit down with the principals to address their plans and goals to determine the best option for small business organization. I advise on the pros and cons of the different entities regarding individual liability, management, profit-sharing, taxation, transfer of ownership interests, and other considerations.

• The limited liability company (LLC) is relatively new, with aspects of both a corporation and a partnership. Simple and flexible, the LLC is ideal for many start-ups. The principals are taxed individually, and losses can offset other income on personal income tax returns.
• A corporation (S corp or traditional C corp) has limitations on who can be a stockholder, but is a better vehicle if the company will be seeking outside capital to finance operations and expansion.
• A limited liability partnership (LLP) also has advantages, with the primary drawback being the difficulty of transferring ownership interest.

I help draft the specifics of operating agreements, shareholder agreements, and partnership agreements so that all parties are clear on their roles. Beyond small business organization, I serve many clients in an ongoing advisory role, providing general counsel on transactions, financing and raising capital, contracts, and regulatory matters. I can represent the entity or individual stakeholders.

Small Business Litigation

My background is in civil litigation. I can capably represent the interests of the entity in contract disputes with outside parties, or represent individual principals in internal shareholder disputes, including claims of abuses by minority shareholders.

Eric Anderson, Attorney at Law provides forward-thinking counsel based on 40 years of legal experience. Contact my Greenwich office at 203-869-0528 to arrange a consultation at a time convenient for you.