Your Trusted Partner in Business Structure

At Cheriff & Fink we advise individuals and small businesses on entity formation and selection, ensuring each client chooses the structure best suited to their goals and legal needs. . Our team ensures that you have the right legal framework to succeed.

FAQs

Get answers to your questions about forming corporations and LLCs with our expert guidance.

A corporation is a legal entity that is separate from its owners. It provides limited liability protection, meaning personal assets are generally shielded from business debts. This structure is ideal for businesses seeking to raise capital and grow.

A Limited Liability Company (LLC) combines the benefits of a corporation and a partnership. Owners enjoy limited liability while maintaining flexibility in management and tax treatment. It’s a popular choice for small businesses.

To form a corporation or LLC, you must file the appropriate documents with your state. This includes articles of incorporation or organization and paying any required fees. Consulting with a legal professional can streamline this process.

Costs can vary significantly based on your location and business structure. Typical expenses include filing fees, legal fees, and ongoing compliance costs. It’s essential to budget for these to ensure a smooth formation process. 

While it’s possible to form a corporation or LLC without a lawyer, having legal guidance can prevent costly mistakes. A lawyer can help ensure all documents are correctly filed and compliance requirements are met. This can save time and provide peace of mind.