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WEST CHESTER, PA, November 10, 2021 /24-7PressRelease/ -- When starting a business, it is critical for entrepreneurs to choose a business entity that meets their specific needs and protects their interests. While sole proprietorships and partnerships are easy to set up, an entity such as a Limited Liability Company (LLC), S Corporation or C Corporation provides greater protections from personal liability. Senior Partner Vincent Carosella, Jr. of West Chester law firm Carosella & Associates provided this and other valuable advice to new business owners in an interview with Justin Chan of the Western Chester County Chamber of Commerce.
"As a business owner myself, I enjoy helping entrepreneurs discover how to structure their businesses in ways that protect their interests and maximize tax benefits," says Vincent Carosella, Jr., Senior Partner. "Depending on the type of business, an LLC can offer the best of both worlds. Corporations are legally required to follow regulations like holding yearly shareholder meetings and keeping minutes. A Limited Liability Company offers the informality of a Sole Proprietorship with the protections of a corporation. Understanding these differences can help new business owners make informed decisions and protect their rights."
In addition to assisting business owners with forming corporate entities, the attorneys at Carosella & Associates provide comprehensive legal services, such as business succession planning, mergers and acquisitions, commercial real estate transactions, estate planning, and more. Their business lawyers work in collaboration with other attorneys and staff to protect clients' interests, develop effective legal strategies, provide reliable counsel, and help clients understand their options.
Carosella & Associates offers big firm firepower and personalized small firm service with the highest professional standards. Large enough to handle complex cases, yet small enough to provide each client with the personal attention they deserve, the firm provides quality legal counsel to each client as if they were their only client.
About Carosella & Associates
For more than 25 years, the skilled team of attorneys, paralegals, firm administrators, administrative assistants, and legal secretaries at Carosella & Associates has provided top-quality legal representation for matters in myriad aspects of the law. The full-service law firm has decades of experience in many different areas, including estate planning, business succession planning, commercial and residential real estate, zoning, contracts, bankruptcy, immigration, divorce, and criminal law. Several of the attorneys at Carosella & Associates are licensed to practice law in both Pennsylvania and New Jersey. For more information visit carosella.com.
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