Business Formation
When starting a business in Texas, it is wise to work with a seasoned law firm that can help ensure businesses comply with state and federal business laws. RD Davis Law assists entrepreneurs in Houston and the surrounding areas with starting businesses in diverse industries.
Selecting a business entity
The purpose of the business, the type of industry, and business expansion plans are pivotal for business formation that is best suited for a client’s objectives. Under the guidance of an experienced business lawyer, an entrepreneur can evaluate the advantages and disadvantages that different business entities can provide. Various types of business entities exist, including:
- C corporation
- S corporation
- Limited liability company (LLC)
- Series LLC
- Limited partnership (LP)
- General partnership
- Limited liability partnership (LLP)
- Sole proprietorship
- Nonprofit corporation