Initial planning and implementation includes determining the structure of the business: sole proprietorship, partnership, S-corporation, C-corporation, Limited Liability Company (LLC), or limited partnership. We help determine if it should be formed in California or whether another state offers more benefits.
With a new or existing business we work with you to create shareholder agreements, buy/sell agreements, partnership agreements, bylaws, membership agreements or articles of organization to make sure all of the owners know how their business works. We plan for unknown situations such as an owner’s death, divorce or disability to make sure there are sufficient funds to buy out the estate or buy back the ownership interest to avoid unwanted owners in the company.
Cornerstone works with your advisers to manage the tax, financial, accounting, legal and insurance needs of your business so that you can concentrate on managing your company. Should you require assistance we have experts in these fields that we can introduce to your team.
In your day-to-day activities we can provide legal assistance with contracts, negotiations, and acquisitions of other businesses. We can make sure your corporate records are well maintained in the event of an audit or lawsuit.
Finally, when you make the decision to retire, sell your business or transfer your business we can integrate the business planning with your estate planning to get you the highest value for your company.