Corporations/Partnerships

Syracuse attorneys for every business legal need

The opportunity to start a new business or buy an existing one is often a dream come true.  It can also be a very intimidating process and may involve making commitments that affect many aspects of your life.

The Central New York business law attorneys at Meggesto, Crossett & Valerino, LLP are committed to working with small business entrepreneurs who are starting their own business, contemplating buying a business, or simply need to make their business work better for them.  Because our lawyers handle many diverse areas of law we are able to advise business clients from a broad, all-inclusive perspective.

Additionally we work closely with your accountant to ensure that the most advantageous business decisions are made.

Business entities

For start-up businesses the choice of entity is one of the most crucial decisions the owner will make.  It is important to meet our Syracuse business lawyers before you make a decision. We can review your particular needs and potential for growth, and familiarize you with the entity choices available.  It is very important to make your choices based on legal and accounting principles and not just because a friend or acquaintance chose a particular entity.

Meggesto, Crossett & Valerino, LLP is experienced in forming business entities and counseling clients regarding the best choice in a given situation including:

Each type of business has its own filing costs and tax consequences.  In addition, each type provides a different degree of insulation from liability—something that is critical if your business is high risk.

Rights and liabilities

Once an entity is selected, it is important to establish the rights and liabilities of all involved parties.  A good business is like a marriage—it is important for the people involved to have a clear understanding BEFORE the business starts about each person's obligations, expectations, and responsibilities.  By putting these agreements into writing at the start, you will save a lot of heartache, stress, and financial drain.

Meggesto, Crossett & Valerino drafts:

We would be happy to discuss your business.  Contact Syracuse business lawyers at Meggesto, Crossett & Valerino, LLP online or at 315-471-1664 to see what nearly three decades of legal practice can do for you.  The firm offers flexible fee arrangements.