Skip to Content
Norred Law, PLLC Norred Law, PLLC
Call Today! 817-500-9433
Top
Business Formation Committed to Helping You Achieve Your Goals

Dallas-Fort Worth Business Formation Attorneys

Helping You Get Your Business off the Ground in Texas & the U.S.

Understanding Business Entity Types in Texas

  • Sole Proprietorship
  • Partnership
  • Corporation
  • S Corporation
  • LLC Corporation

Because we are helping clients with new inventions, trademarks, and patents, our firm sees many new businesses. Some are second or third businesses who now have fewer problems after having learned lessons the hard way. Many people seek our guidance to develop an invention by applying for a patent or because they have just been sued.

There are a few major business formation mistakes we see over and over. We strive to ensure that our clients can avoid the predictable and disastrous results that come with them. If you are ready to get your business up and running, seek legal representation and advice from the Dallas Fort Worth business attorneys at Norred Law, PLLC.

Ready to launch your business? Connect with us online or call (817) 500-9433 for personalized advice.

Choosing & Establishing a Business Entity

Business entities protect the owners of a company from personal liability. A person may begin the patent process without a business entity, but as soon as you have protectable intellectual property, you have something of value that makes you a target of lawsuits. Whether it is a simple new baby bottle or the name of a new business that someone else might be using, this property is at risk if you do not have a business entity.

By using a business entity, you provide a layer of protection against these lawsuits. That protection comes in handy if someone else decides that you are using a name that is too close to theirs or if a major customer decides that your product caused an expensive problem.

Business Entities for New Small Businesses

The business entity of choice for new small businesses tends to be a limited liability company, usually referred to as an “LLC”. But this is not always true; in some situations, based on the company’s ownership, a limited partnership or a corporation may be better. Our experienced Dallas-Fort Worth business formation attorneys can help you determine which entity is right for your new small business.

Helping You Develop a Written Operating Plan

While business entities protect business owners from outside suits, business owners use operating plans to control internal relationships.

Operating plans are contractual documents that establish:

  • Lines of management
  • The responsibilities of each owner
  • Methods of ownership change
  • Financial practices

Entities that do not have a written operating plan experience a much higher rate of internal strife and business failure.

We often see businesses that are failing because they were created by family members with no written contract between the owners. This might be two brothers, an aunt and a niece, or even forty-year friendships established between high school locker mates. In all these cases, Norred Law, PLLC has had to represent individuals in lawsuits that were the direct result of a missing document that would have eliminated the dispute by putting the understanding between them on paper.

Allow our team to help you develop a written operating plan so that you can avoid future problems.

Continue Reading Read Less
Work with an Elite Team of Attorneys

Our high-powered attorneys are ready to utilize their knowledge, skill and experience to provide strategic solutions to your legal needs.

Contact Us

Client Testimonials Opinions that Matter Most

    "Fantastic Help for Family Estate"
    Chad Lampe helped my family with my father’s estate. He was very professional and courteous through the whole process. I would recommend this law firm to anyone.
    - Amy L
    "Norred Law comes with my highest recommendation to protect your interests."
    As a small business owner and creator of intellectual property, Warren's expert advice is what I need and rely on.
    - Rey Gonzalez
    "Tireless, honest, and ethical."
    Norred Law works tirelessly for clients and puts their all into cases. They are an honest, ethical firm with a desire to seek justice for all. Norred Law has represented me and my organization with fantastic results each time. Highly recommend!
    - Faith B.
    "We're so glad to have him and his team in our corner."
    Warren and his team often went above and beyond to guide us through our journey.
    - Arthur C.
    "Extremely grateful for their help!"
    Extremely grateful to Norred Law for resolving a legal matter I'd been fighting for almost two years. A few weeks after they got involved, the issue was completely resolved. My only regret is not seeking their help sooner! Highly recommend Norred Law!
    - Allison Wilbanks
    "Great place to find lawyers."
    I Love this place so much that I even work here.
    - Chad Lampe
    "Excellent advice and a solid consultation."
    Hope we don't require their services in the future, but if we do we know where to go and how they will do! Cheers!
    - Derek Rock Hubenak
    "Always knowledgeable and helpful."
    I call Norred Law, PLLC every time I have a question about intellectual property. They are always knowledgeable and helpful. I will never use anybody but Norred Law for my intellectual property needs.
    - Leslie Burgoyne

Contact Us

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.
  • By clicking this box, you agree to receive SMS from Norred Law, PLLC. You can reply "STOP" to opt-out at any time. Privacy Policy
  • By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy