Business Formation
What We Believe

A solid legal foundation is key for any successful business. That begins with establishing the proper business formation. How you structure your business determines personal liability, tax treatment, financial success, and even rightful ownership. Some of the most common business structure types are sole proprietorship, partnership, corporation, and limited liability company (or LLC). 

While many are an expert in their particular industry, the average layperson is not well-versed in the nuances of business structures and which entity is most suitable for their business. Unfortunately, a wrong choice could possibly lead to an unfortunate surprise down the road, such as a lawsuit or bankruptcy in extreme cases.

At Phillips and Phillips, we will discuss your business goals and help you select the appropriate structure to support your growth. We work with all types and sizes of businesses, whether you’re just starting out or if your business is experiencing rapid growth.

Lady of Justice

Business woman

Business Formation
Our Services
    • Guidance on most suitable entity
  • Draft and file articles of incorporation
  • Form LLCs, Corporations or Limited Partnerships
  • Obtain an employer identification number (EIN)

Law You Can Understand

Legal action can sometimes be overwhelming. We are dedicated to providing help in language you can understand. Just ask if you don't feel like you understand your options. We'll find an explanation that works for you.

We Focus on Results

When you work with us, we start by making a plan to get you the results you need. We will help you understand the law surrounding your circumstances so you are comfortable with your next best step.

Experienced & Ethical

We have a combined 41+ years of experience and a drive to adhere to practices in the best interest of our clients. We follow all legal regulations to conduct ourselves in a manner that serves the highest level of law.
Get Started Today

Let’s Figure This Out Together.

The sooner you take action, the better the outcome.Contact us to schedule a consultation.

Popular Questions

1. Why do I need to care about business formation?

Taking time to properly set up your business structure puts you in control of your personal liability, tax treatment, financial success, and even establishes rightful ownership.

2. What happens if I don’t create a business structure?

Without established business documents or an official business structure, the default is a general partnership. This type of structure makes each partner 100% personally liable for the actions of the partnership and EACH partner. So if your partner makes a mistake, you and your personal bank account AND the partnership accounts are all on the line.

3. Can a business structure or properly formed business protect me?

Forming an entity is designed to bring structure to the business and also protection. The various types of corporate formations create an entity to stand between your personal assets and liability for company acts. (All assuming they are not fraudulent!) So a business formation sets up the so-called “Corporate Veil” of protection.

4. How do we get started?

It’s quite simple! Contact us today. We’ll discuss the set fees, have you sign the proper documents, and follow the instructions for finalizing the project. We’re here to help you get started today!