Representation With Results Norred Law is Committed to Helping You Achieve Your Goals

Dallas-Fort Worth Business Formation Attorneys

Helping You Get Your Business off the Ground in Texas & the U.S.

When beginning a business, you must decide what form of business entity to establish. Your form of business entity determines which income tax return form you will file and provides specific legal protections.

The most common forms of business entities are:

  • Sole proprietorship
  • Partnership
  • Corporation
  • S corporation
  • LLC corporation

Because we are helping clients with new inventions, trademarks, and patents, our firm sees many new businesses. Some are second or third businesses who now have fewer problems after having learned lessons the hard way. Many people seek our guidance to develop an invention by applying for a patent or because they have just been sued.

There are a few major business formation mistakes we see over and over. We strive to ensure that our clients can avoid the predictable and disastrous results that come with them. If you are ready to get your business up and running, seek legal representation and advice from the Dallas Fort Worth business attorneys at Norred Law.

Reach out to us today by completing our online contact form or calling (817) 500-9433.

Choosing & Establishing a Business Entity

Business entities protect the owners of a company from personal liability. A person may begin the patent process without a business entity, but as soon as you have protectable intellectual property, you have something of value that makes you a target of lawsuits. Whether it is a simple new baby bottle or the name of a new business that someone else might be using, this property is at risk if you do not have a business entity.

By using a business entity, you provide a layer of protection against these lawsuits. That protection comes in handy if someone else decides that you are using a name that is too close to theirs or if a major customer decides that your product caused an expensive problem.

Business Entities for New Small Businesses

The business entity of choice for new small businesses tends to be a limited liability company, usually referred to as an “LLC”. But this is not always true; in some situations, based on the company’s ownership, a limited partnership or a corporation may be better. Our experienced Dallas-Fort Worth business attorneys can help you determine which entity is right for your new small business.

Helping You Develop a Written Operating Plan

While business entities protect business owners from outside suits, business owners use operating plans to control internal relationships.

Operating plans are contractual documents that establish:

  • Lines of management
  • The responsibilities of each owner
  • Methods of ownership change
  • Financial practices

Entities that do not have a written operating plan experience a much higher rate of internal strife and business failure.

We often see businesses that are failing because they were created by family members with no written contract between the owners. This might be two brothers, an aunt and a niece, or even forty-year friendships established between high school locker mates. In all these cases, Norred Law has had to represent individuals in lawsuits that were the direct result of a missing document that would have eliminated the dispute by putting the understanding between them on paper.

Allow our team to help you develop a written operating plan so that you can avoid future problems.

Ensuring Contracts & Change Orders Are Documented

Legal disputes are often the result of business partners who have made a change in the way that they work together but have not put the new understanding in writing.

Whether it is a construction change order or a commission rate change in a sales representation contract, your business needs to be documented correctly. Working with our Dallas-Fort Worth business law attorneys can help you establish practices to minimize your exposure to problems caused by improper documentation.

We encourage you to reach out to our firm today by calling (817) 500-9433.

Client Testimonials

The Opinions that Matter Most
  • “Norred Law comes with my highest recommendation to protect your interests.”

    Rey

  • “I was offered respect, courtesy and was given a level of professional service that I would have easily paid double for.”

    Former Client

  • “He has represented me and my organization and has done a fantastic job.”

    Faith B.

  • “He is a trusted counselor who guided me through the legal maze of intellectual property.”

    Dudley

  • “Warren is the real deal, and we're so glad to have him and his team in our corner.”

    Arthur C.

  • “We're so glad to have him and his team in our corner.”

    Arthur C.

  • “Excellent advice and a solid consultation.”

    Derek Rock Hubenak

  • “I will never use anybody but Norred Law for my intellectual property needs.”

    Leslie Burgoyne

  • “My only regret is not seeking his help sooner!”

    Allison Wilbanks

  • “Norred Law comes with my highest recommendation to protect your interests.”

    Rey Gonzalez

  • “My only regret is not seeking Warren's help sooner! I would highly recommend Norred Law to anyone in need of legal assistance.”

    Allison W.

  • “He provided the path for us to achieve our goal.”

    Charles

  • “Great place to find lawyers.”

    Chad Lampe

  • “I was well informed throughout my case.”

    Sandi

  • “He was very personable, and understanding of my situation. This guy is in a class act of excellence.”

    Glenn L.

The Differences

Between Frustration & Peace of Mind
  • Transparency

    Our clients can access an electronic communication system to check the status of their cases.

  • Availability

    We do our best to respond to all queries within 24 hours of receiving them.

  • Quality

    We establish reasonable expectations and work tirelessly to exceed them.

  • Committment

    We work to create long-term relationships with our clients through helpful representation.