From a legal perspective, doing business in a small town like Shelby involves many of the same issues as operating in a larger city. Business owners need to protect their personal assets, companies need to meet their statutory obligations, and executives need to make smart decisions about mitigating the company’s liability while protecting its bottom line.
At Lee Law Office PC, we represent business clients in all aspects of governance, compliance and commercial transactions. Whether you are starting a business in Shelby and need to file with the Montana Secretary of State, expanding an existing business and need to negotiate agreements with new vendors or suppliers, or seeking to buy or sell an existing business, we can use our experience to guide you through every step of the process.
Our Business and Commercial Law Services
Having represented clients ranging from large out-of-state oil and gas companies to small local businesses in downtown Shelby, we offer significant experience in a broad range of business and commercial matters. Our attorneys routinely represent new and long-term clients with regard to matters including :
- Business transactions
- Due diligence
- Entity selection and business formation
- Business, corporate, limited liability company and partnership law
- Contract drafting and negotiation
- Registered agent services
With our experience, no business or transaction is too big or too small. Whether you know exactly what you need or need help understanding the legal implications of doing business in Montana, our attorneys can help make sure your business and personal assets are secure.
Contact Us to Discuss Your Business Needs
If you have questions about your business’ legal needs or would like more information about our services, we encourage you to get in touch. To speak with an attorney at Lee Law Office PC in confidence, please call 406-434-5244 or contact us online today.
FAQs: Legal Considerations for Doing Business in Montana
Do I need to form a corporation, limited liability company or partnership in order to start a business?
Technically, no. When starting a new business, you are not legally required to establish a separate business entity such as a corporation, limited liability company (LLC) or partnership. However, there are still several legal and practical reasons to do so.
One of the most important reasons to establish a corporation or LLC is to protect your personal assets (including your home, vehicles and retirement savings). If you do not form a business entity and you get sued, your personal assets will be at risk. However, if you properly form and maintain a corporation, LLC, or a limited liability partnership, only the company’s assets will be at risk in the event of litigation. We can explain this to you in more detail and help you evaluate your options during your initial consultation.
Do I need to hire an attorney to review my contract?
Once again, the technical answer is “no.” However, our attorneys can help ensure that your agreement includes adequate provisions to address things like:
- Payment and performance obligations
- Remedies for breach
- Termination and renewal rights
- Dispute resolution and attorneys’ fees
- Representations and warranties
- Liability caps and indemnification obligations
How much does it cost to start a new business in Montana?
It depends. The registration fees are fairly low, but your business likely will require more to get up and running than just filing with the Montana Secretary of State. If you have multiple partners, need to negotiate leases or other contracts, or plan to hire employees, your legal startup costs will increase. However, these costs likely will not be too substantial, and they are well worth the investment when you consider what could go wrong if you do not have appropriate legal documentation in place.