Business Organization

Business Development/Corporate Formation

Our attorneys have helped entrepreneurs and new business entities throughout the Commonwealth of Pennsylvania fulfill their dreams of opening businesses, from small startups to large corporations. Forming and developing a business requires attention to detail and a deep understanding of business laws and regulations. The attorneys at Hoegen & Associates, P.C., can provide this for you. From selecting an entity to identifying potential financing opportunities, we help clients organize and fund their businesses.

Governance

Once your business is up and running, our attorneys provide ongoing guidance and advisory services to ensure your business achieves long-term success. From the distribution of responsibilities among your management team, shareholders, and directors, to establishing decision-making procedures, we offer counsel on a wide variety of issues. Having a knowledgeable attorney providing corporate governance is essential to ensure your business proceedings are compliant and that power doesn’t run unchecked.

Begin While Employed
Most people do not have enough savings to cover their living expenses for months and months at a time. And you may not make substantial income from your new business right away, so it’s important to be realistic about how you can sustain yourself. You don’t have to quit the job that’s funding your rent, unless you want to and can, in order to take steps towards building a new business. Your business organization team at Hoegen & Associates, P.C. can help you complete the initial tasks needed before your business launches. 

Enjoy What You Do
You do not have to be in love with what your business entails, but it’s important to at least enjoy what you are doing. If you aren’t excited about starting your business, then who else is going to be? Those who show confidence and as if they actually like what they are doing are more likely to draw in clients. Whether you are providing a service, creating something, or selling other goods, it helps to have a fondness for the business path you choose. 

Recruit Team To Help
It can help to have a reliable support system as you are starting out your business. Is there a friend or family member you can discuss ideas with, who listens sympathetically about your journey? If so, they are invaluable. You can find a mentor too, and if you qualify, consider submitting applications for business start-up programs. There are many ways you can recruit a team to support you as your business adventure begins. For business organization insight, we are only a call away.

Make Client List
You do not have to wait until your business is officially up and running to make a client list. After all, your business cannot succeed without customers, so getting people engaged in the idea of what you offer is a great way to stay a step ahead. It’s never too soon to start marketing your products or services, so that when they are ready for purchase and use, you already have a list of people waiting! Reach out to those who have expressed genuine interest in your business, and ask them to share with others they know too. You may choose to offer brochures or free samples in the meantime to keep interest building.

Consider Legalities and Taxes
It will be challenging, and expensive, if you don’t take the time to consider the legal and tax aspect of your business. Does your business need registering? How does the type of business ownership you have affect income taxes? Will you have payroll taxes or workers’ compensation insurance? To prevent serious mistakes or litigation in the future that could impact the success of your business, it is strongly advised that you have a knowledgeable business organization professional to answer these kinds of questions. We know what it takes to build a company of your own, and can offer you, dependable counsel, as you lay down a firm foundation for your business future.