A Nashville-Based Attorney Crafting Business Structure Strategies
One of the most important decisions entrepreneurs and businesspeople make is determining the best legal structure for their needs. This is a critical decision that has far-reaching consequences—from tax obligations to personal liability limitations to ownership interests and business control.
Entrepreneurs in Nashville and beyond turn to Kline Preston Law Group for expert insights and customized counsel when devising business structure strategies. Attorney Kline Preston has guided innumerable clients in Tennessee, throughout the United States, and internationally as they structured their businesses effectively.
Starting a new business? Call 615-649-8680 or contact us online for strategic guidance.
About Consequences of a Business Structure
Many disputes and problems can be prevented by making correct decisions about business form and structure proactively.
For example, if you choose to operate as a general partnership (which Kline Preston would not advise), you would be taxed at your personal tax rate. There would also be no limitations of liability even for actions committed by your partners.
On the other hand, if you choose a limited liability company (LLC) as your business structure, financing might prove difficult to agree on. What if you need to finance the company beyond initial expectations when other members lack the ability or desire to contribute? Should you then maintain the same degree of ownership? Disagreements between members often arise in such situations.
These scenarios highlight potential problems that can be avoided or predetermined through strategic business structuring. Making appropriate decisions is achievable with guidance from an experienced Nashville business attorney with broad business experience.
Why Hire Kline Preston?
Experience matters and makes a real difference in the development of a business. As an example, Kline Preston dealt with LLC issues in the Russian Federation and Ukraine well before such business structures existed in Tennessee. The Tennessee Legislature inaugurated the LLC by legislation in 1997. Kline Preston was ready to assist his business clients in Tennessee—as well as nationwide and international clients—with sophisticated guidance from his LLC experiences in Russia and Ukraine.
This is just one example of the many rewards Kline Preston’s experience holds for his clients. Discover what he can offer during your business structuring.
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Practice Areas
BUSINESS LITIGATION
Experienced representation in breach of contract claims, shareholder disputes, business fraud, commercial real estate disputes, and all types of commercial litigation throughout Tennessee.
INTERNATIONAL LAW
Comprehensive legal services for international trade, imports and exports, cross-border transactions, and business formation for foreign entities operating in the U.S.
BUSINESS STRUCTURE
Strategic guidance on business entity formation, LLCs, partnerships, corporations, and restructuring to optimize tax obligations, liability protection, and ownership interests.
INTELLECTUAL PROPERTY
Protection and enforcement of copyrights, trademarks, patents, and trade secrets, including IP litigation, USPTO filings, licensing agreements, and infringement defense.
EMPLOYMENT LAW FOR BUSINESSES
Employment law services for Tennessee employers, including employment contracts, handbooks, compliance, discrimination defense, and workplace dispute resolution.
Belle Meade Office Park
4515 Harding Pike, Suite 107
Nashville, TN 37205
Phone (615) 649-8680
Fax (866) 610-9565
Email ask@someurl.com