BUSINESS FORMATION & PLANNING

  • Why should you spend precious resources on business planning?
    • Launching a new business venture is one of the most exciting and challenging events of a career. With risks and pitfalls at every turn, the wise entrepreneur invests in up front planning so that their business is built on a solid foundation. Planning on the front end means less headaches and unexpected problems once your business is up and running - a time when you can least afford the time and expense of putting out fires.

  • SERVICES PROVIDED:
    • Adams Law Office, LLC (" ALO ") is committed to identifying and catering to the specific needs of each new venture. That individual focus can provide a launching pad for the success of your new business.
    • ALO provides legal advice for all stages of business planning and formation. From the preparation of a business plan and entity selection, to name and entity registration and licensing, ALO is a valuable resource for individualized service.
    • As the business develops, ALO 's commitment to the venture's success continues through general business counseling and contract generation and review.

The following checklist provides a series of planning points that can help to focus the strategic formation of a new venture.
  • BUSINESS PLANNING CHECKLIST
  • Planning Stage
  • Formation Stage
    • Name Registration (state-wide, trademark)
    • Entity Formation (state and Federal level)
    • Licensing
    • Insurance (state and professional requirements)
    • Bank Account
    • Financing (grants, loans, venture capital, etc.)
    • Equipment
    • Supplies
    • Business Location (lease, purchase, zoning)
    • Internet Presence (e-mail, website)

  • Advertising/Marketing Stage
    • Announcements (publications, personal contacts)
    • Advertisements (yellow pages, other telephone books, newspapers, chambers of commerce, online, flyers, radio, TV)
    • Membership in Business Associations o Word of Mouth/Referrals

  • Establishing Company Procedures & Best Practices
    • Contract Generation & Review
    • Filing Systems
    • Computer Procedures (security, back-up)
    • Accounting & Tax Planning
    • Benefits Plan
    • Savings/Retirement Planning (IRA, 401K)
    • Deposit Procedures
    • Employee Handbook (responsibilities, benefits)

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This website is designed for general information only. The information presented on this website should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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