Los Angeles Attorney Melissa K. Dagodag's Business Law Information

What Makes Your Business Formation Services Different?

When I form your LLC, corporation, or partnership in California, I walk you through every step — business licenses, filings, and ongoing compliance — so you're set up properly from day one. Unlike bargain online services, I ensure your business is legally sound and provide real legal advice, not just templates. Many clients come to me after those DIY services missed critical steps.

How Are Corporations and LLCs Similar?

Both are separate legal entities that may protect owners from personal liability related to business debts or lawsuits. This means your personal assets — like your home or savings — may be shielded when your business is properly formed and corporate formalities are adhered to.

How Are Corporations and LLCs Different?

Corporations often require more paperwork and may be taxed separately from their owners. LLCs tend to be simpler to manage and are typically taxed through their members’ personal tax returns. S-Corps avoid double taxation but come with specific rules, including limits on the number of shareholders. Your CPA can help determine which structure is best for your tax situation.

Why Choose an LLC?

LLCs are ideal for small businesses, creatives, real estate owners, and film producers who want legal protection without complex formalities. They offer personal liability protection and pass-through taxation, making them a popular choice for solo or small-team ventures.

Why Choose a Corporation?

If you're seeking investors or plan to raise capital from the public, forming a corporation may be the better route. Corporations can issue stock and are often required in industries where investor involvement is key. S-Corps also offer certain tax advantages for small businesses.

Do I Really Need a Formal Partnership Agreement?

Yes. A written partnership agreement helps clarify roles, responsibilities, and expectations — especially when things don’t go as planned. It’s essential to protect your interests and your working relationship with partners.

Why Are Written Contracts So Important?

Written contracts create clarity. They outline responsibilities, payment terms, confidentiality, and more — helping prevent misunderstandings and offering legal protection if disputes arise. Every LLC or corporation should have foundational documents like Operating Agreements or Bylaws.

Why Consider Business Insurance?

Even with an LLC or corporation, business insurance adds another layer of protection. Whether it’s general liability, product liability, or premises coverage, the right insurance can safeguard you from unexpected costs or claims.

What Are Other Reasons to Form a Business Entity?

Forming an LLC or corporation shows professionalism and signals to clients that you’re a serious, structured business. In industries like entertainment and B2B services, having a formal business entity may even be required to secure work or contracts.

Why Should a Lawyer Write Your Contracts?

Templates and DIY agreements can leave you exposed. A skilled business attorney writes contracts that are enforceable, relevant to your needs, and structured to prevent problems before they occur. Solid contracts protect your work, relationships, and future growth.

Business Law