The online incorporation services tout easy, fast, and cheap online LLC services to the people. Similar services are also offered by electronic law firm services such as We the People, Legalzoom and those found in the services section of regional mailing lists. This report thoroughly examines the pros and cons of online legal services – for specific reviews of a particular provider, you’ll have to look elsewhere.
Attorneys won’t just focus on setting up something you’ve arranged. They’ll take a step back, assess your overall business strategy and goals, and make sure the legal agreement meets your particular needs, rather than imagining that you and your business are the same as the other guy and his business.
A great small business attorney will also help you follow up on your business or LLC launch. Having looked at several formation service providers, usually a year or more after problems have arisen, business category cases often sell the organization or a portion of it to a new shareholder, partner, or associate. Usually, the incorporation articles are decent, if not excellently, ready and recorded, and the bylaws or employment agreement are in place.
However, these documents are often never executed: they remain on the shelf in a binder as they were sent from the formation support, and therefore without any force or influence. They often consist of numerous provisions that the owner should have complied with but didn’t because they didn’t know how or never did.
These shortcomings are not the company formation service’s fault but indicate the different amount of support offered by this type of company compared to an attorney. However, this hesitation can and does lead to problems later on. The limited liability company status and adequate capacity of the company and the infirmity of incomplete or missing corporate documents can lead to problems later on.