Practical legal guidance for building and protecting your business

Choosing the Right Business Structure

(LLCs • Corporations • Partnerships)

Start Your Business on the Right Legal Foundation

Choosing the correct business structure is one of the most important decisions a business owner will make. The structure you select affects taxes, personal liability, management, and long-term growth. Thaddeus Furlong Law helps business owners understand their options and choose the structure that best supports their goals.


Limited Liability Company (LLC)

 An LLC is a popular choice for small and medium-sized businesses.

Common benefits include:

  • Protection of personal assets from business liabilities
  • Flexible management structure • Fewer formal requirements than corporations
  • Pass-through taxation in many cases


LLCs are often well-suited for entrepreneurs seeking simplicity and liability protection.


Corporation

Corporations provide a more formal business structure and are often used by companies planning to grow, seek investors, or issue stock.

Key features include:

  • Strong liability protection for owners
  • Clear ownership through shares
  • More formal rules and record-keeping
  • Potential tax advantages depending on structure


Corporations can be ideal for businesses with long-term expansion plans.


Partnership

A partnership may be appropriate when two or more individuals operate a business together.

Important considerations include:

• Shared management and decision-making

• Shared profits and liabilities

• Fewer startup formalities

• Increased importance of a clear partnership agreement

Proper planning is essential to protect each partner’s interests and avoid future disputes.


Our Approach

Thaddeus Furlong Law works closely with clients to evaluate business goals, risk tolerance, and future plans. Legal options are explained in plain language, allowing clients to make informed decisions with confidence. Each business formation is handled with care, precision, and attention to detail.


Make an Informed Choice

Selecting the right business structure today can help prevent legal and financial problems in the future. Professional guidance ensures your business begins on solid ground.

Contact: Furlonglaw@mail.com 540-402-1600

Business Entity Formation and Filing

Build Your Business on a Strong Legal Foundation

Forming a business involves more than just filing paperwork. The choices made at the beginning can affect liability, taxes, ownership, and long-term success. Thaddeus Furlong provides practical legal guidance to help entrepreneurs and business owners properly form and register their businesses with confidence.


Business Entity Formation Services

Thaddeus Furlong assists clients with the formation and filing of various business entities, including:

• Limited Liability Companies (LLCs)

• Corporations • Partnerships

• Professional entities

Each entity is formed with careful attention to legal requirements and the client’s specific business goals.


Filing and Registration Services

Proper filing is essential to ensure your business is legally recognized and compliant. Services include:

• Preparation and filing of formation documents

• State registration and required filings

• Drafting operating agreements, bylaws, and partnership agreements

• Guidance on ownership structure and management roles

• Ongoing compliance support as your business grows


Why Proper Formation Matters

Correct entity formation can:

• Protect personal assets

• Clarify ownership and management

• Reduce legal and financial risk

• Provide a clear framework for growth

Taking the time to form your business correctly helps prevent costly issues later.


Our Approach

Thaddeus Furlong works closely with clients to explain legal options in straightforward language. Every business formation is tailored to the client’s needs, with a focus on accuracy, efficiency, and long-term stability.


Start with Confidence

Whether you are launching a new venture or formalizing an existing business, experienced legal guidance can make the process smoother and more secure.

Contact: Furlonglaw@gmail.com 540-402-1600

Operating Agreements and Bylaws 

Why Governing Documents Matter

Operating agreements and bylaws set the internal rules for how a business is owned, managed, and operated. These documents help prevent disputes, clarify responsibilities, and provide structure as a business grows. Thaddeus Furlong Law Office assists business owners in drafting and reviewing governing documents that reflect their goals and protect their interests.

 

Operating Agreements for LLCs

An operating agreement outlines how a limited liability company is run and how decisions are made.

Key provisions often include:

•      Ownership percentages and capital contributions

•      Management structure and voting rights

•      Profit and loss distributions

•      Member responsibilities and restrictions

•      Procedures for adding or removing members

•      Exit strategies and dissolution terms

A well-drafted operating agreement helps ensure clarity and stability among members.

 

Corporate Bylaws

Bylaws govern how a corporation operates and how decisions are made at the corporate level.

Common bylaw provisions include:

•      Roles and duties of directors and officers

•      Meeting and voting procedures

•      Share issuance and record-keeping

•      Corporate governance requirements

•      Compliance with state laws

Strong bylaws support effective management and legal compliance.

 

Review and Customization

Using generic templates can leave important issues unaddressed. Thaddeus Furlong Law Office provides careful review and custom drafting to ensure operating agreements and bylaws are tailored to the specific needs of each business.

 

Our Approach

Clients receive clear explanations of legal terms and practical guidance throughout the process. Thaddeus Furlong Law Office focuses on creating documents that are understandable, enforceable, and aligned with long-term business objectives.

 

Protect Your Business from the Inside Out

Properly drafted operating agreements and bylaws help reduce risk and provide a roadmap for decision-making.

Contact: furlonglaw@gmail.com 540-402-1600 


Partnership and Shareholder Agreements 

The Importance of Written Agreements 

Business relationships work best when expectations are clearly defined. Partnership and shareholder agreements establish the rights, responsibilities, and obligations of each owner. Thaddeus Furlong Law Office helps business owners create strong, customized agreements that reduce the risk of disputes and provide clarity as the business grows. 

 

Partnership Agreements 

A partnership agreement outlines how partners work together and how the business is managed. 

Key issues commonly addressed include: 

• Ownership interests and capital contributions 

• Management authority and decision-making 

• Profit and loss allocation 

• Roles and responsibilities of each partner 

• Procedures for resolving disputes 

• Exit strategies, buyouts, and dissolution 

A clear partnership agreement helps protect both the business and the individuals involved. 

 

Shareholder Agreements 

Shareholder agreements govern the relationship between owners of a corporation and help maintain stability and control. 

Common provisions include: 

• Share ownership and transfer restrictions 

• Voting rights and management control 

• Buy-sell arrangements 

• Procedures for handling disputes or deadlock 

• Succession planning and exit terms 

Well-drafted shareholder agreements help prevent misunderstandings and protect the company’s future. 

 

Review and Custom Drafting 

Every business is different. Thaddeus Furlong Law Office drafts and reviews agreements tailored to each client’s structure, goals, and risk concerns. Generic templates are avoided in favor of customized solutions that reflect real-world business needs. 

 

Our Approach 

Clients receive clear explanations and practical advice throughout the process. Thaddeus Furlong Law Office focuses on creating agreements that are enforceable, understandable, and aligned with long-term business objectives. 

 

Build Stronger Business Relationships 

A well-written partnership or shareholder agreement provides clarity, stability, and peace of mind. 

Contact: furlonglaw@gmail.com 540-402-1600 

 



Compliance for Your Business

Why Business Compliance Matters 

Ongoing legal compliance is essential for maintaining good standing and protecting your business. Failing to meet legal requirements can lead to penalties, loss of liability protection, or operational disruptions. Thaddeus Furlong Law Office assists businesses in understanding and meeting their compliance obligations so they can focus on growth with confidence. 

 

Compliance Services 

Thaddeus Furlong Law Office provides guidance and support in areas including: 

• Annual and periodic state filings 

• Maintaining corporate records and formalities 

• Compliance with operating agreements and bylaws 

• Ownership and management changes 

• Business licensing and registration requirements 

• Internal governance and record-keeping 

These services help ensure your business remains legally compliant throughout its lifecycle. 

 

Ongoing Support for Growing Businesses 

As businesses evolve, compliance requirements often change. Thaddeus Furlong Law Office works with clients to address compliance needs related to expansion, restructuring, or ownership changes, helping prevent issues before they arise. 

 

Reduce Risk and Protect Your Business 

Proper compliance helps: 

• Preserve liability protection 

• Avoid fines and penalties 

• Maintain good standing with the state 

• Support smooth operations and long-term stability 

Proactive compliance planning reduces legal risk and unexpected disruptions. 

 

Our Approach 

Thaddeus Furlong Law Office provides clear, practical guidance in plain language. Clients receive personalized attention and reliable support tailored to their business structure and goals. 

 

Stay Compliant. Stay Confident. 

Reliable legal guidance helps ensure your business meets its obligations and remains protected. 

Contact: furlonglaw@gmail.com 540-402-1600