Ed. Note: The following is a KHTS Feature story based on a recent radio interview with Jeff Hacker of Hacker Law Group.
Residents in need of learning how to start a business can do so properly and efficiently with the help of Santa Clarita attorney Jeff Hacker of Hacker Law Group.
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Hacker has been an attorney in Santa Clarita since 1983, and has extensive experience in a variety of different areas of litigation, including business.
“There are nuances to different business entities,” Hacker said. “There are tax ramifications, there are county ramifications, there are legal ramifications, and if you’re starting off and starting with a business, your budget is tight, so you want to be able to plan properly.”
Hacker first recommends new entrepreneurs do research about their venture online before speaking with a tax professional and consulting with an attorney.
While there may be some resources available online for new entrepreneurs to start their business on their own, Hacker stressed that consulting with professionals to ensure the business is created properly is often the best choice.
“You’re not going to get service (online), and you’re also not going to necessarily get something that’s specific for your situation as opposed to something that’s a cookie cutter boilerplate provision,” he said. “There are different provisions in documents that have to be carefully analyzed when you’re forming a business, or in anything that you’re doing.”
For example, someone planning to form a partnership will need a partnership agreement in order to “avoid misunderstandings,” Hacker continued, and the name and content of that document varies depending on the situation.
“While you can go onto one of the websites and say, ‘Ok, I need an operating agreement,’ what you’re going to get is a boilerplate, bare bones (document) that may not really help your situation and your business,” he said.
Hacker Law Group’s business litigation practice reflects the firm’s commitment to client service and obtaining outstanding results, and sophisticated and complex business litigation is the central core of the firm’s practice.
KHTS Feature Story
Jeff Hacker of Hacker Law Group has been an attorney in Santa Clarita since 1983. He has extensive experience in a variety of different areas of litigation, including business litigation, personal injury, employment law, real estate law, professional liability, construction accidents and disputes, land use and developer litigation and corporate law. The Santa Clarita attorney received the highest possible peer review rating of its kind by Martindale-Hubbell, and was also named one of the “Top 51 Most Influential in the Santa Clarita Valley” for his involvement in the community, including the Valencia Optimist Group and the Santa Clarita Valley Attorney Association. Hacker Law Group is a premier litigation firm in Santa Clarita.
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