Business and Non-Profit Formation

Purpose-driven for-profit and non-profit businesses are Mod Law Firm’s passion. When you start off on the right track, it makes it much easier for your business to thrive moving forward. Mod Law guides its clients from the very beginning of their entrepreneurial journey and continues with them as their businesses grow and evolve. 

Business Formation Process

Gain peace of mind by setting up your business the legal way. We help you set up your company, collaborate better, and grow faster. Choosing the right business entity is the foundation of any successful venture. That decision affects everything from the ownership structure, decision-making, and hiring, to the financing and tax implications of the business. We’ll help you choose the right business structure for you, create and implement the best approach to formation, and advise you every step of the way.

Building a solid foundation when starting your business is essential if you want to avoid larger issues down the road. When forming a business, there are several structures to choose from for your company. Some options include:

  • Sole Proprietorship
  • Limited Liability Company
  • Partnership
  • Corporation (C or S)
  • Non-profit organization

 

While selecting a structure can be overwhelming, Mod Law can help you evaluate your options and provide guidance on which is the best fit for you and your company’s long term goals. Once you’ve decided which path to take, Mod Law will help you file all of the required paperwork and put together any other legal documents you might need to launch your business, such as an operating agreement. 

Non-Profit Business Formation

The process of forming a non-profit business can also be difficult to navigate, especially if you try to do it on your own. As with for-profit businesses, you will need to decide what kind of structure your non-profit will have. Some common types of non-profit organizations include:

  • Unincorporated Associations
  • Corporation
  • Limited Liability Company (LLC)

 

After formation, non-profit businesses also usually apply for tax-exempt status from the IRS and state governments. Mod Law is happy to help you navigate that process so it’s less daunting for you to accomplish.

Mod Law loves helping set up non-profit organizations for success. As your partner in creating your new non-profit business, Mod Law can support you with each stage of the formation process, from selecting your underlying structure to obtaining tax-exempt status. If you choose to become a client, Mod Law will be by your side every step of the way, making sure you thoroughly understand all of your options and helping you make the best decisions for your needs.

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