Business Law

Staten Island Business Attorney Advises on Entity Formation

Getting commercial ventures in NY and NJ started on the right footing

Many entrepreneurs think they’ll get their businesses started, and then, once they get rolling, they’ll take steps to incorporate. Others get papers of incorporation online at a do-it-yourself website that gives no specific guidance about the best entity to form. Both of these approaches can have negative consequences for the business, especially for taxation, liability and operations. That’s why, since 1996, William J. Newstad, Esq., Attorney and Counselor at Law has made every effort to educate entrepreneurs on the advantages of different forms of incorporation. We know that businesses succeed only when proprietors make informed decisions. Our extensive, face-to-face consultations deliver value for our clients by helping them avoid initial missteps that can be costly to correct. To get your business started on the right foot, get the detailed information you need about these legal business entities:

  • Limited liability company
  • S-corps
  • Limited partnerships
  • Limited liability partnerships
  • Professional corporations
  • Sole proprietorships
  • Doing business as, or DBA

Personalized business formation services identify your specific needs

To be effective, a business formation attorney must be personally committed to your success. At William J. Newstad, Esq., Attorney and Counselor at Law, we demonstrate our commitment by taking the time to learn about your business goals and objectives so we can give you the most appropriate guidance. Your choice of entity will depend on several different factors, including:

  • The nature of your business
  • The tax implications of doing business
  • The preferred management structure
  • The preferred relationships of the partners
  • Risk of liability while operating your business

Failure to properly form your business can lead to:

  • Higher taxation
  • Exposure of personal assets to liability lawsuits
  • Confusion in your management structure and operations

Our goals are to alert you to potential impediments to your business and advise you on the advantages of employing proven principles about risk management, tax planning, dispute resolution and other aspects of a successful business venture. We also help in drafting all essential paperwork and agreements among your stakeholders.

Contact a knowledgeable Staten Island business attorney to form your NY or NJ business

William J. Newstad, Esq., Attorney and Counselor at Law on Staten Island advises entrepreneurs on the proper formation of their business ventures in New York and New Jersey. To schedule a consultation in our Great Kills Town office, call 718.815.5800 or contact us online.

Testimonials

Just recently worked with Bill Newstad and his team to close on the sale of my condo in Staten Island. Things could not have gone smoother. Bill was not only knowledgeable; he was also personable and understanding.

Santa M. September 10, 2013

I have recently purchased a home and William Newstad represented me. All I have to say is... WOW!!!! The process was a breeze thanks to his knowledge, professionalism and sense of breaking down "Real Estate" vernacular for us to understand. When we first met him he explained the entire process and what we would need,

Dane V. October 12, 2013

We highly recommend employing the services of William J. Newstad, Esq. We recently purchased our first home and the experience was excellent. William and his paralegal Tonianne were extremely knowledgeable, responsive, and patient and provided us with top notch council.

Daniel T. October 25, 2013

What I liked best was the way Bill explained everything.  He put everything in simple terms and language that my kids came away from the meeting understanding everything.  I would tell others how friendly and professional Bill and his staff are.  I would recommend Bill's free workshops to see what it's all about.

Sue F. January 16, 2017

Bill was excellent at explaining things in a manner we could understand.  He made sure all parties involved in the trust were present and understood the terms and issues.  We appreciated his understanding of the elderly and their need for dignity throughout.

Henry and Monica N April 30, 2017

Mr. Newstad and staff are very congenial and easy to talk to.  Bill listens to all your concerns and guides you accordingly.  Bill is very thorough addressing your needs.  Attend one of his seminars.  It gives much insight as to what direction to go regarding estate planning.

Joan & Dan S. February 7, 2018

Bill was thorough and professional in discussing the details of my estate planning.  He will give you the best advice regarding your estate along with options as well.  All my expectations were covered.

Margie S. February 7, 2018

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office location

William J. Newstad, Attorney at Law
3884 Amboy Road
Staten Island, New York 10308
718.815.5800 Phone
888.419.1547 Fax
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718.815.5800

William J. Newstad, Attorney at Law is located in Staten Island, NY and serves clients in and around Staten Island, Breezy Point, Brooklyn, New York, Jamaica, Rockaway Park, Ridgewood, Maspeth, Long Island City, Howard Beach, Middle Village, Sunnyside, Woodhaven, Ozone Park, Woodside, Arverne, Elmhurst, Rego Park, Astoria, South Ozone Park, South Richmond Hill, Richmond Hill, Jackson Heights, Kew Gardens, Forest Hills, Corona, East Elmhurst, Inwood, Springfield Gardens, Bronx, Bronx County, Kings County, Nassau County, New York County, Orange County, Queens County, Richmond County, Rockland County, Suffolk County and Westchester County.