Starting or taking over a business is an exciting venture, but it presents a number of challenges. That’s why taking this significant step requires the services of a capable real estate attorney. If you are considering purchasing or creating a business in New York or New Jersey, now is the time to consult with one of the astute lawyers at Merlino & Gonzalez. We have decades of successful experience in commercial real estate law and a well-deserved reputation for providing each and every one of our clients with the personalized attention they deserve.
We know how important it is to understand your mindset and your vision, and we have the foresight to best guide you to achieving your goals. Our comprehensive knowledge of commercial real estate enables us to provide excellent advice when it comes to making decisions that will shape your business going forward. We also have the well-developed skills to draft and execute documents that will protect your best interests.
Our talented real estate business formation attorneys will guide you as you create and implement a sturdy, well-thought-out business formation plan. Whether you are creating a startup, merging with an established business, looking to incorporate your company, or seeking growth opportunities, the legal team of Merlino & Gonzalez is a wise choice.
How We Assist in Business Formation
As soon as you contact us for your initial consultation, your will realize that our attorneys are well-positioned to take immediate steps to assist you by determining:
- Which type of property will be most suitable for your purposes
- Which area is your preferred location
- How much capital you are willing to invest
- What type of financing you may need and what types of financing are available to you
- What other kinds of legal assistance you may require during the process
As you start your new business, having a team of experienced legal advocates at your side is vital, both for insightful guidance and supportive representation. You can rely on our savvy business formation attorneys to help you form a business destined to grow and thrive.
Critical Factors to Consider When Forming a New Business
In order to find and build a successful business, you must plan to provide a needed service. From the outset, you must also create a plan that will protect your business and personal assets from legal hitches and tax liabilities. To this end, our lawyers will help you evaluate:
- Your business objectives
- Your investment capital
- Your start-up costs
- Your competition
- The pros and cons of your location
- The size and duties of your staff
- Your technological requirements
We will also help you focus on what particular types of real estate will best suit your needs:
- Multifamily dwellings, ranging from two-family homes to various kinds of apartments
- Office buildings, from professional offices to urban skyscrapers
- Retail stores from small shops to shopping malls
- Industrial real estate, such as factories, warehouses, and distribution centers
- Hospitality real estate, including motels, hotels, and short-term rentals
- Healthcare facilities, like hospitals, nursing homes, surgical centers
- Religious facilities, e.g. churches, synagogues, mosques, meeting houses
- Special-use buildings, e.g. transportation terminals, processing plants
Choosing the Right Business Structure for You
Once our attorneys have taken all of the above factors into consideration, we will be in a position to recommend the structure most suitable for your new business out of the many available options, including:
- Subchapter C corporation
- Subchapter S corporation
- Limited liability company (LLC)
- General partnership
- Limited partnership
- Business Trust
Choosing the correct business structure can be a crucial decision since these structures offer varying degrees of protection from tax liability and potential lawsuits. Depending on which framework you select, the way your business operates may be affected positively or adversely. Our sharp business formation attorneys will assist you in choosing the business structure that most closely aligns with your needs and preferences.
Once you have chosen the correct business structure for your enterprise, our lawyers will take the next steps by [1] carefully drafting and filing all necessary legal documents, (e.g. articles of incorporation, bylaws, operating agreement) and [2] making sure you meet state and local registration and licensing requirements.
We Will Create Other Important Business Agreements as Needed
No one understands better than the lawyers of Merlino & Gonzalez that no two businesses are identical. Each has unique qualities at its inception and also alters as it grows, at times redefining its priorities. For this reason, different businesses not only need varying agreements when newly formed but may require other documents as they develop, such as:
- Buy-Sell agreements
- Employment agreements
- Operating agreements
- Partnership agreements
- Service agreements
- Shareholder agreements
- Non-disclosure/non-compete agreements
Our business formation attorneys are well aware that documents like these must be meticulously drafted to define the obligations and rights of each party in order to help create smooth working relationships and prevent friction.
Evaluating Real Estate You’re Considering Purchasing for Your Business
“Buyer Beware” applies in all situations in which a purchase is involved. Our lawyers with encourage and help you to evaluate commercial property for:
- Financial metrics to ascertain income potential
- Market conditions by checking local economic trends, tenant demand, vacancy rates
- Property condition and lease terms to determine future expenses and income stability
Remember, there is a difference between attempting to assess a commercial property on your own and doing so with our experienced attorneys. Decisions concerning a business you will form or purchase are too important to be left unvetted by professionals.
Contact Our Business Formation Attorneys Today
Purchasing commercial real estate is a serious endeavor, requiring the support of attorneys with in-depth comprehension of real estate law. The attorneys at Merlino & Gonzalez are adept at doing the comprehensive research and conducting agile negotiations. We also bring an understanding of finances, real estate law, zoning regulations, and environmental concerns to the table. Contact our trusted business formation attorneys now to make sure you get off to a strong start.