What Should You be Doing Right Now To Protect Your Business?
The answer to this question makes all the difference in the world.
You’re probably already doing the right things to grow and build your business. But that’s not enough.
You have to do the right things to protect what you have built. This might sound like a serious undertaking, but there’s good news: for most businesses, its not that difficult.
Most businesses approach working with a law firm and the planning process like a nervous bank robber. And that results in frustration and struggle. And of course, failing to reach the desired outcome. It doesn’t have to be this way because we have the combination to the safe.
Once you know the right combination, or specific formula required for success, everything becomes so much easier. If you’ve been struggling to get an asset protection strategy in place or to develop a plan for succession, we can provide you with the clarity and tools you’re looking for.
Our Three Step Process
We have developed a unique Three Step Process that really works for business owners and entrepreneurs. The best way to learn how that Three Step Process works is to watch the video we created that explains our unique Three Step Process. Here, you will learn how we think and how you can quickly get the clarity and solutions you’re looking for.
We are committed to helping your business to grow and prosper
If you watched the video, you know that we don’t offer solutions until we understand you and your business. Our business clients trust us to listen to them, and adapt our services to meet their unique needs and circumstances. With years of experience in business and corporate law, we can provide you with vital perspective and dependable solutions to the challenges your business faces. We offer a wide variety of business services. Those services include:
- General Counsel and Human Resources Services
- Business Start-Ups / Entrepreneurial Ventures (Corporations, LLCs, Partnerships, etc.)
- Governing Documents (Corporate Bylaws, Operating Agreements, etc.)
- Corporate Transactions
- Employment Matters
- Mergers and Acquisitions
- Corporate Matters / Shareholder Relations
- Non-Profit / 501(c)(3) Organizations
- Regulatory Matters and Licensure
- Asset Protection Planning
- Estate Tax Planning
- Income & Capital Gains Tax Planning
- Succession & Exit Planning
We Are Entrepreneurs and Business Owners Too
In this video, Stan explains that we are uniquely positioned to understand entrepreneurs and business owners because we are also entrepreneurs and business owners.
In addition to our law practice, each of our attorneys is (or has been) engaged in the ownership of a business. So we know what it’s like to meet payroll, pledge personal assets to fund an unproven idea and work nights and weekends without pay to make it work. We also know what its like to actually make a business successful. As a firm staffed with seasoned professionals, we have solutions to the most challenging issues facing business owners. Let our experienced team of Arkansas business attorneys develop a personalized roadmap to transition your business and the value it represents so that it provides long term financial security for you and is protected and grows for generations to come.We bring that personal experience to every client engagement.
From Formation to Exit, We Add Value
Our business owner clients have a broader range of needs than most of our clients. These clients seek our counsel in every phase of the life of their business.
- Formation & Startup. We seek to provide the best structure to obtain the greatest tax benefits and operational efficiency
- Ongoing Operation. In this phase of the life of the business, we assist in assuring that our clients comply with local, state and federal laws as well as the governing documents of the entity and documenting corporate action with minutes and resolutions; we also assist in structuring agreements with employees and vendors.
- Mergers, Acquisitions, Buyouts or Transition of Ownership to Family or Employees. We play a key role in assisting our clients in the very challenging process of positioning the business for sale or for a transfer to family or existing employees.
Is it Easier to Get Into Business than to Exit the Business?
Most business owners think so. Most business owners would like to be able to find a way to exit their business that provides financial security for them in retirement and preserves the value of the enterprise so that employees continue to have jobs. There are only three ways this can be done. [READ MORE]
Let’s Disprove the Ancient Chinese Proverb
There is an ancient Chinese proverb that says “Shirtsleeves to shirtsleeves in three generations.” The Chinese have been right. Data in the United States indicates that 60%of families waste what they inherit by the end of the second generation, and that by the end of the third generation, 90% of families have little or nothing left of the money received from grandparents. Almost all traditional business succession and inheritance plans fail. We are committed to defying this ancient wisdom. And we have demonstrated that we can. We have the tools that can protect the value of an enterprise over time and insure that it provides financial security for generations. A core premise of our thinking is this: Wealth that is divided and distributed will be wasted; Wealth that is aggregated and managed will inevitably grow The wisdom of that premise has been proven to us over and over again. And since our business owner clients would prefer to see their assets grow over time rather than be dissipated, we bring a set of solutions that empower that outcome while also protecting the resource base from loss to estate taxation or litigation. These are powerful solutions and can make a real impact on families as well as employees. Some of the best thought leadership available today on how to preserve the family business and family relationships is provided by our colleagues at the Institute for Preparing Heirs. They offer excellent programs for families and their advisors. You can find some excellent resources on their website, and some are available for download without charge. CLICK HERE TO VIEW PREPARING HEIRS SITE
We See a Bright Future for Business in Arkansas and in the World
We think like business owners and we bring the perspective of positive thought leadership to our clients. We take the view that there is more opportunity in the State of Arkansas and in the world then there has ever been. And we believe that sound businesses working in a free-enterprise economy provide the most effective solutions to the needs of people. We are heavily influenced in our thinking by:
These books, as well as many others, provide an encouraging roadmap to the future. We believe that the opportunity for serious entrepreneurs to create wealth for themselves and prosperity for others has never been greater. We bring a skill set that can add real value as you grow. And we can help you protect it, preserve it and pass that value to future generations.
We Are Trusted.
ILP + The Book
It is possible to protect yourself, your family and your business or professional practice from the real threats that keep you up at night. The law provides more and better solutions than ever before in history. In this book, Stan explains in clear, understandable language how these powerful solutions can be deployed to protect what you have earned and built. Available Early Summer 2017
ILP + The Webinar
In this 9 minute webinar, Stan explains how to avoid probate and protect your heirs with a revocable living trust. You will learn how to protect your loved ones what many consider to be an expensive, lengthy, and unnecessary court process. You will also learn what a living trust is and why having a living trust will protect your children, grandchildren and other heirs. Available Now