When Expertise Matters

“Genius is one percent inspiration, ninety-nine percent perspiration.”
-Thomas Edison

New Business Formation

BODELL BOVE LLC works with entrepreneurs who are establishing their own businesses.  Delaware is a favored forum for businesses based both in the United States and internationally and we also organize businesses in Pennsylvania. Besides working with clients throughout the U.S., we have assisted clients based in Australia, Austria, Canada, and the United Arab Emirates.

We provide information and advice on the different types of legal entities – C-corporations, S-corporations, LLCs, partnerships. We advise on stock issues for corporations (number of shares, common and preferred shares) and LLCs (member-managed or manager-managed). We can provide a soup-to-nuts organization package (preparing and filing Certificate of Incorporation or Formation, obtaining an EIN, preparing Bylaws or an Operating Agreement, preparing Notices and Minutes of Meeting of Shareholders and Meeting of Directors, providing Stock Transfer Ledger, obtaining corporate kit with corporate seal and share certificates) or just the parts with which the client needs assistance—all for a flat fee quoted in advance.

More and more tech-related companies are being formed these days. We work with clients to provide documents useful to or necessary for startups that need deferred compensation plans or anticipate outside investors. We typically can quote a flat rate in advance for preparation of documents such as:

  • Common Stock Purchase Agreements for founders/investors/employees
  • Restricted Stock Agreements
  • Employment contracts
  • Convertible Promissory Notes or SAFE (Simple Agreements for Future Equity)

We also work with clients who need assistance with contracts, whether straightforward terms and conditions language or more specific documents such as government contract teaming agreements.