Utah Business Planning

Morgan & Associates Attorneys at Law
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Utah Business Planning Law

Offering Utah Business Planning Law Assistance 


Protect Your Business With The Correct Business Structure

Utah Business owners take big risks in starting their businesses. Using the correct business structure can limit liability.  Sadly, too many business owners fail to protect their life’s work with proper legal safeguards. Often we find that long time business owners do not have basic documents in place, or even correctly formed their businesses. Even if a business owner did check all the right boxes when he or she started the business, we often find that the documents are far outdated. Making sure that your business has the correct documentation and infrastructure will ensure maximum liability protection.  We help our clients avoid the pitfalls that can erase years of hard work.  Better organization equals better legal protection. We offer a range of customized documents including:

  1. Operating Agreements
  2. Articles of Organization
  3. Formation Agreements
  4. Buy-Sell Agreements
  5. Service Contracts

A correctly formed business is an important part of starting or owning a business.   A Limited Liability Corporation (LLC), for example, is only one of the many ways to form your business. Each business entity type offers different advantages, regulations and tax liabilities. We’ll help you decide how to best characterize your business.

What About Transferring or Selling A Utah Businesses?

The vast majority of businesses do not survive multiple generations. This is most often not the result of tax or lack of interest by new owners; rather it is the lack of a concrete plan for succession. Without a solid succession plan, shares in a business pass to heirs without any directions. During the court administration process alone, businesses can suffer from lack of management. A well-crafted business succession plan will cover both the interim and long term management of a business to ensure its survival during transition. The earlier a plan is in place, the easier transfer to the next generation will be. We can help draft very specific agreements and plans to ensure your business thrives for generations to come.

Looking to sell your business? Give us a call. There are all sorts of ways we can maximize the sale of your business to give the most return for your retirement

Utah Business Planning Done Right!  Call Today | 801-874-5644


                                                                                                                                                                                                                                                                     

 

 

 


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    • Free confidential case reviews 
    • Free in home case reviews for clients that can not come to the office.
    • Serving clients throughout the entire state of Utah.
    • Offices in Lehi and Santaquin, Utah. 
    • Experienced trial lawyers
    • Successfully accomplished thousands of verdicts and settlements
    • Licensed Clinical Social Worker (LCSW) on staff