Choosing the right business structure is one of the most important decisions you will make as a business owner. Your choice affects taxes, liability, management, and even your ability to grow or sell your business in the future. At Brodersen Law, we guide entrepreneurs, startups, and established businesses throughout Corpus Christi, Rockport, and the Coastal Bend in selecting the entity that best fits their goals, while laying the legal foundation for long-term success.
Whether you are launching a new venture, restructuring an existing business, or planning for succession, selecting the right entity is critical. The legal and financial implications of your choice can have lasting consequences. Our attorneys take the time to understand your business objectives, risk tolerance, and operational needs so that you make informed decisions that protect your personal assets and support your growth.
Types of Business Entities in Texas
Sole Proprietorships
A sole proprietorship is the simplest form of business ownership, where you operate as an individual without forming a separate legal entity. While it offers simplicity and minimal administrative requirements, a sole proprietorship does not provide liability protection, meaning your personal assets may be at risk if the business faces legal claims. Brodersen Law can help you assess whether this structure is appropriate for your business goals or whether a more protective entity is advisable.
Partnerships
Partnerships allow two or more individuals to share ownership and management responsibilities. Partnerships can be general, where all partners share liability, or limited, where liability may be restricted for certain partners. While partnerships are relatively easy to form, they require clear agreements regarding profit sharing, responsibilities, and exit strategies. Brodersen Law assists in drafting customized partnership agreements to prevent disputes and provide clarity from the outset.
Limited Liability Companies (LLCs)
LLCs are one of the most popular business structures in Texas due to their flexibility and liability protection. An LLC separates your personal assets from your business liabilities, offers pass-through taxation, and allows management structures tailored to your needs. Whether you are a solo entrepreneur or a growing team, Brodersen Law guides you through forming an LLC, drafting operating agreements, and ensuring compliance with state law.
Corporations
Corporations provide strong liability protection and are ideal for businesses seeking outside investment or planning to go public. C-Corporations are taxed separately from their owners, while S-Corporations allow profits and losses to pass through to shareholders’ personal tax returns. Brodersen Law assists in forming corporations, creating bylaws, issuing stock, and maintaining compliance to protect your business and its owners.
Nonprofit Organizations
For businesses with a mission to serve the community or a charitable purpose, nonprofit entities provide a structure to qualify for tax-exempt status while limiting liability. Nonprofit formation requires careful attention to governance, bylaws, and compliance with state and federal regulations. Brodersen Law guides nonprofit founders through each step, helping ensure their mission-driven work is legally protected.
Why Entity Selection Matters
The wrong business entity can result in higher taxes, unnecessary liability, and difficulties when it’s time to sell or expand. By carefully evaluating your business objectives, we can help you:
- Protect personal assets from business liabilities
- Maximize tax efficiency and minimize unnecessary tax burdens
- Establish clear management structures and operating rules
- Facilitate easier access to investors, financing, and strategic partnerships
- Plan for growth, succession, or eventual sale of your business
At Brodersen Law, we understand that entity selection is not a one-size-fits-all process. Every business has unique needs, and our goal is to provide tailored advice that aligns with your long-term vision.
Planning Ahead
Choosing the right entity also impacts your ability to sell your business when the time comes. Certain structures make the transfer of ownership easier, while others require additional legal steps. For example, corporations and LLCs with clear operating agreements and well-documented financial records are often more attractive to potential buyers.
Brodersen Law helps business owners prepare for a successful sale by:
- Reviewing and optimizing your current business structure
- Drafting or updating operating agreements and bylaws
- Advising on tax implications for the sale
- Assisting with contracts, purchase agreements, and asset transfers
By planning ahead, you can maximize the value of your business and avoid surprises during negotiations. Our proactive approach ensures your business is ready to sell while protecting your interests and the legacy you’ve built.
Our Process
At Brodersen Law, we make entity selection simple and strategic:
- Initial Consultation – We discuss your goals, business type, and future plans.
- Entity Analysis – We evaluate options considering liability, taxation, management flexibility, and regulatory requirements.
- Customized Recommendations – We provide clear, actionable guidance on the best entity for your unique situation.
- Formation & Documentation – We handle filings, operating agreements, bylaws, and compliance requirements.
- Ongoing Support – As your business grows, we help update agreements, restructure entities, and plan for succession or sale.
Our clients in Corpus Christi, Rockport, and the Coastal Bend trust us to deliver practical solutions that protect their businesses while supporting long-term growth.
Why Choose Brodersen Law
With experience across business, nonprofit, healthcare, and probate law, Brodersen Law takes a comprehensive approach to legal planning. We don’t just form your entity; we help you create a solid foundation for success. Whether you’re starting a new venture, reorganizing your existing business, or preparing for a sale, our team provides:
- Personalized guidance tailored to your goals
- Clear explanations of complex legal issues
- Hands-on support for formation, compliance, and growth
- Practical strategies to protect your personal and business assets
We pride ourselves on building long-term relationships with our clients, supporting them at every stage of their business journey.
Get Started Today
The first step toward a strong, secure, and profitable business is choosing the right legal structure. Contact Brodersen Law today to schedule a consultation and start building a business foundation that protects your interests, supports your growth, and positions you for success.
Whether you are launching a small business, growing a nonprofit, or planning to sell your company, Brodersen Law provides the expertise and guidance you need to make confident legal decisions. Let us help you choose the entity that fits your vision and sets your business on the path to long-term success.