Business Formation and Planning

“Clients starting a new business or bringing on additional owners or partners need prompt and practical advice from an experienced voice, so that they can focus on running their business.” 

Given the numerous challenges facing new business operations, it’s critical to have legal representation that understands the sacrifice, risks and issues involved with getting a new business or newly acquired business off the ground and in keeping its doors open going forward.  McGrath North offers significant experience advising clients on new entity formation, business planning and structuring agreements between owners.  Drawing from that expertise, we’re able to anticipate and address issues which are typically outside the scope of our clients’ core business expertise, such as raising capital, obtaining financing, protecting proprietary rights and trade secrets, dealing with and compensating employees and contractors, advertising and promotions, licensing and insurance.  By utilizing McGrath North’s broad base of practice areas, we can tailor strategies and solutions that meet the individual needs and expectations of our clients so they can focus their time and energy on running their business.

In the U.S. News – Best Lawyers® 2021 Edition of “Best Law Firms”, our firm received a top tier Omaha market ranking for the areas of ‘Business Organizations (including LLCs and Partnerships)’ and ‘Closely Held Companies and Family Businesses Law.’ Read more here.

Representative Transactions:  The McGrath North team regularly represents clients in connection with the following:

  • Entity Formation: There are a variety of tax, corporate and other governance considerations when deciding whether to operate as a corporation, limited liability company, partnership, sole proprietorship or other entity.  We regularly  advise our clients on the choice of entity that will most appropriately fit their current and anticipated future situation, and the preparation of corresponding organizational and governance documents.
  • Agreements between Owners: Agreements between owners of a business entity help define expectations, clarify rights and obligations, establish ground rules for the business operations, address issues relating to transitions in ownership and other governance issues.  Our vast experience allows us to provide practical advice in structuring, drafting and negotiating agreements between owners.
  • Corporate Governance: We offer significant experience in counseling the board of directors of private and public companies on corporate governance matters, including corporate compliance programs, codes of conduct and responsibilities of directors and officers. We also assist clients in conducting internal corporate investigations.
  • Day to Day Operations: Our team at McGrath North works with business owners, from family-owned operations to multi-national corporations, in their day-to-day operations.   We act as a reliable source of experienced business law advice for clients through their decades of business growth from start-up to mature operations.
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