Category: Business

The Process of Dissolving a Business: A Complete Guide

• January 23, 2024
• Kelvin Birk
• Business

How to Shut Down a Business

Closing a business may not be as exciting as opening and running one, but when done properly, it may not be a negative experience, and it can lead to positive opportunities and new successes for you in the future. There are certain steps, paperwork, and procedures necessary for the process of dissolving a business. Depending on the size, structure, and complexity of your business, the process can take anywhere from weeks to years to be completed, and there are laws that must be observed to prevent problems and potential lawsuits from arising. The situation can be daunting at first, but an experienced Missouri business attorney can provide guidance a [...]

How To Establish a Corporate Veil

• December 1, 2023
• Kelvin Birk
• Business

The last thing a business owner wants is to wind up being personally sued in a lawsuit for problems that arise in the business. To protect yourself from personal liability, it is essential to set up a corporate veil. The corporate veil is the legal term used to describe the separation between the assets of a legal entity and the personal assets of shareholders, directors, and officers. The corporate veil provides liability protection for business owners by protecting their personal property from being used to satisfy judgments or business liabilities. 

However, some ways of setting up a corporate veil provide more protection than others, and the corporate structure you c [...]

Do you need an attorney to form a Missouri LLC?

• January 8, 2022
• Kelvin Birk
• Business

A limited liability company (LLC) is one legal structure you can choose when starting a business. There are several other structures, too. The value of an LLC is that it limits your personal liability like a corporation does while at the same time giving you the flexibility and lack of formality available through a sole proprietorship or partnership.

If you’ve chosen to move ahead with an LLC structure, you may be asking yourself, “do you need an attorney to form a Missouri LLC?” The short answer is no. You can form an LLC in Missouri by filing the legal paperwork yourself or by using a professional, online business formation service like LegalZoom. However, the longe [...]

How do I create an LLC in Missouri?

• July 12, 2021
• Kelvin Birk
• Business

Choosing the right business structure is an important decision. By researching your options and considering your future business goals, you can make the best choice. There are currently about 127,000 active LLCs in Missouri. If you’re wondering how to create an LLC in this state, read on for important ideas.

The first thing to do is hire a qualified business attorney who can partner with you to efficiently and comprehensively complete paperwork required by the state to create an LLC.  Leveraging a skilled attorney’s past experience can help you avoid pitfalls and benefit from his legal acumen.  To [...]

Steps to Start a Business

• February 9, 2021
• Kelvin Birk
• Business

If you’re thinking about starting a business in Missouri, then you’ve chosen the right place. The latest U.S. Census data shows that Missouri leads the nation in creating new businesses! New business start-up numbers are surging by more than 16 percent, double the number of any other state in the country, according to the Missouri Department of Economic Development.

What Are the Steps to Start a Business?

There are some important steps to start a business, and you want to make sure you consider all of these before jumping into the deep end and getting overwhelmed. A wise, thoughtful approach can prevent headaches later. Having a great idea is the first require [...]