1472 White Oak Drive, Chaska, MN 55318
phone: 952.556.5200  toll-free: 888.706.2244 fax: 888.706.2244
e-mail: tmj@johnstonlawgroup.com

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Practice Areas

Business Planning

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We believe that small businesses are the foundation of our country's economic success. When it comes to business planning, we can assist you with the various ownership and structural issues encountered during the life of a business. We know about the business of being in business.

When starting a new business from scratch, there usually is a lot to do. The last thing an entrepreneur needs is to struggle with the technical legal issues of business entity selection and formation. We can guide you through this process and help you evaluate the different factors to be considered, such as tax characteristics, liability protection, control issues, employee benefits, and even eventual exit strategies. We'll help you select the appropriate business entity and prepare the necessary filings and supporting documents to get your business started.

Once your business is underway, or if you already have an existing business, we can serve as your general counsel and provide ongoing legal support and advice, so that you can keep your focus on the bottom line.

Finally, when it's time sell the business or otherwise turn over daily operational responsibility to others, you need experienced, skilled advisors to guide you through the transition. When the goal is to pass on the family business to the next generation, other important issues also come into play, such as treating all of your children fairly even though only some of them are involved in the business. By using proven business succession strategies, we can help you avoid intra-family disputes, keep the family business on solid footing, maintain continuity, and provide for your continued financial security and standard of living.

The types of business planning services we can provide include:

  • Business Formation (corporations, partnerships, LLCs, joint ventures)
  • Choice of Entity Issues
  • Purchase or Sale of a Business
  • Business Succession Planning
  • Executive Compensation Planning
  • Buy/Sell & Operating Agreements
  • Contract Drafting & Review
  • Employee Health & Welfare Plans
  • Annual and Special Meetings
  • Asset Protection Planning
  • Confidentiality Agreements
  • Non-Compete Agreements
  • Business Tax Planning
  • Tax Appeals & Litigation
  •  Formal Tax Opinion Letters
  • Representation Before Tax Authorities
  • Sales & Use Tax Issues & Audits
  • Leases and Real Estate Issues
  • Maintenance of Business Records
 
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