As a Wisconsin business owner, the law can be your best friend or worst enemy. In order to maintain your focus on satisfying customers and creating long-term success, you will want to partner with a trusted law attorney early on. The attorneys of Schloemer Law Firm are firmly rooted in our West Bend, Wisconsin community and have extensive experience working with Wisconsin businesses of all sizes across various industries. No matter what kind of legal services your Wisconsin business requires, Schloemer Law Firm is equipped to provide you with the business law services you need:
Our clients include national companies, local Wisconsin family farms, manufacturing companies, new start-ups, and everything in between. Our success results from our ability to bring value to transactions, devise strategic plans, and effectively serve the day-to-day needs of our clients in a cost-efficient manner.
A trusted legal partner is one of the best assets your Wisconsin business can have. When you need to round out your team with local, knowledgeable Wisconsin Business Law attorneys who are as committed to your business as you are, Schloemer Law is ready to deliver.
Schloemer Law has become a leading provider of business law services in West Bend, Wisconsin (and surrounding areas) by developing a careful understanding of our clients’ businesses and providing legal services customized to you and your business' unique needs.
We want to be the legal expert your business needs. Set up an appointment so we can start to learn about your business and get to work for you.
Our mergers and acquisitions (M&A) team is recognized by local businesses and manufacturers in Washington County and throughout Wisconsin as the go-to for merger and acquisition transactions. We routinely counsel clients in asset, stock or merger transactions. We partner closely with both large and small companies through the transaction process to develop a deep understanding of their core business goals, develop transaction strategies, assess tolerance for risk, and limit liability exposure. We offer personalized experience, and take pride in our ability to bring practical problem solving skills to the table to help clients navigate complex transactions.
An entity (often an LLC) is organized with the State of Wisconsin Department of Financial Institutions. Before starting, you should consider if you will be the sole owner of the business or if you will need to bring in any partners. (You can find a full list of items to consider in this blog post about forming a partnership.) The owner should implement a governance or operating agreement, especially if there will be partners or co-owners. In addition to having a trusted Wisconsin business law attorney, you should also have an accountant and insurance advisor on your team. Finally consider what contracts or policies you will need, including any employee handbooks or customer service contracts.
An entity (often an LLC) is organized with the State of Wisconsin Department of Financial Institutions. Before starting, you should consider if you will be the sole owner of the business or if you will need to bring in any partners. (You can find a full list of items to consider in this blog post about forming a partnership.) The owner should implement a governance or operating agreement, especially if there will be partners or co-owners. In addition to having a trusted Wisconsin business law attorney, you should also have an accountant and insurance advisor on your team. Finally consider what contracts or policies you will need, including any employee handbooks or customer service contracts.
To get started, you will need to put together a small, trusted advisory team that can protect your interests and help you get the best deal possible, including a trusted Wisconsin business law attorney. Steps in a transaction include marketing, a Non Disclosure Agreement (NDA), negotiating a Letter of Intent (LOI), completing due diligence, and finally executing a purchase agreement and closing. (More about this in Seller Pitfalls in M&A Transactions: Key Considerations to Protect Yourself in the Sale of a Business.)
Business succession planning often involves a transfer of a business to the owner’s children, but a business succession plan can encompass a transfer to children, sale to key employees, or sale to an outside party. A business succession plan should prepare for smooth transition of ownership and leadership to help ensure continuity. A successful business succession plan will often take years to develop. A succession plan should be started at least 5-10 years in advance of when you hope to retire. A business owner should start by identifying potential successors, having conversations with key stakeholders, and working with potential successors to develop their business and leadership skills. A trusted Wisconsin business law attorney is often critical in the process and can help define the time and structure. We recommend obtaining a business valuation and evaluating business cash flow to fund any buyouts.