Corporations & LLCs

Decisions on the front-end of starting a new business have ramifications for the future success or failure of the enterprise. Lakey Villegas Law and Policy will walk you through these important choices, from a base of knowledge more commonly associated with a much larger firm. Our core clients are family-run businesses of all sizes seeking cost-effective and forward-looking advice and representation. Based in Meridian, Idaho we represent start-ups throughout southern Idaho in all industries: real estate and construction, restaurants, technology, manufacturing, professional services, and more. We take the time to explore your business formation options, advising on the advantages and potential drawbacks of each. In guiding clients, we discuss:

• Tolerance for individual liability exposure

• Taxation issues

• Profit-sharing

• Management structure

• Business succession planning.

Entity selection is only half of business formation. We carefully create documents to anticipate future problems and assist with both operational and regulatory matters associated with start-up, including:

• Drafting operating agreements

• Shareholder agreement

• Partnership agreements

• Creating articles of incorporation or organization

• Drafting the bylaws for governance of the company•

Our full-service philosophy does not end with business formation. We provide ongoing consulting for contracts and transactions, or representation in business disputes. Many of our start-up clients are still with us years later, for consulting on contracts and transactions, or to handle business litigation, and completing the sale or transfer of the business when necessary. We are proud to help our business clients succeed year after year.