Business Formation and Developing Technology Start-ups

In recent years, the Ann Arbor, Michigan area has seen a dramatic rise in the number of technology and IT based businesses. In fact, new technology companies continue to form at a regular rate despite the current state of the economy.

If you are interested in starting a technology business or you are fighting to take a business to profitability, you need experienced legal counsel to guide you through the process. Nacht & Associates, P.C. business attorneys can help you select the proper business entity and ensure protection of your intellectual property rights.

At Nacht & Associates, P.C. , our experienced attorneys  assist with the start-up and continued operational needs of technology businesses. We take the time to understand your business goals and work with you to make your entrepreneurial dreams a reality. Contact us to arrange an initial consultation.

Choosing an Operational Entity

Whether you are looking to start an internet design business or other high-tech company, it is of vital importance to select the proper business entity. Your choice will have a significant impact upon the laws you will be subjected to, as well as personal and tax liabilities.

With years of experience in business law and corporate formation matters, our lawyers can help you decide which business entity best suits your needs. They also provide on-going counsel to help you remain compliant with any applicable government rules and regulations.

Taking Measures of Protection When Forming an IP Company

When forming a technology-based business, extra legal precautions must be taken. Besides choosing an operational entity, developing partnership agreements and drafting employee handbooks, it is imperative to:

• Draft comprehensive legal documents that clearly outline who owns the intellectual property used by the business, work for hire agreements or other employment contracts
• Develop non-compete agreements and policies regarding trade secret

Clearly defining expectations surrounding intellectual property from the very beginning can help prevent costly legal action further down the road.

Contact Nacht & Associates, P.C.

When you are ready to put your technology ideas into action, don't hesitate to contact us to discuss business formation.