Entity Formation and Organization
Disadvantaged, Minority- and Women-Owned Businesses
Due to shifting population trends, large companies are increasingly aware that they must be catalysts for creating wealth in the inner city and stimulating business and economic development in these areas, as well as among certain targeted populations. These efforts are critical to ensure that a broader population will have the economic ability to support the infrastructure and economic viability of our communities.
Reinhart offers several key services designed to help companies with these economic and business goals. The suite of services we offer covers business certification, supplier diversity program guidance and mentor-protégé and strategic alliance relationships.
Reinhart attorneys work closely with clients to choose and organize business entities to best achieve the clients' goals. Maximizing value from a business entity standpoint requires an understanding of the big picture, foresight and an understanding of the owner's business and vision. From helping entrepreneurs start new businesses to structuring sophisticated venture capital and international entities, we bring a great breadth and depth of knowledge and experience to a broad range of clients. Choosing the best form of business entity requires not only technical know-how, but practical knowledge and design skills to create a structure that meets each owner's specific goals.
The optimum form of business entity can achieve tax efficiencies and position it for future growth and ownership succession. Our forward thinking and years of experience can help you create:
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Tax-advantageous entities
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Efficient governance structures
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Personal asset protection
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Key employee incentive structures
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Owner entrance and exit strategies
These considerations are often the key to avoiding costly conflict amongst owners, minimizing disruption in the business and achieving long-term growth and success.
We help clients organize and structure various types of business entities including:
With disadvantaged, minority- and women-owned businesses growing significantly faster than the national average of all U.S. firms, corporations are increasingly embracing diversity programs and initiatives to support the economic development of emerging markets and to create jobs that equip minorities and women to more effectively start and grow their firms.
Streamlined Certification
Certification as a minority, disadvantaged, service-disabled veteran or women-owned business enterprise (M/D/SDV/WBE) can lead to increased procurement and contract opportunities. Reinhart counsels clients on business formation and expansion matters, options and eligibility requirements. We also have substantial resources for connecting certified enterprises with business opportunities.
Diversity Best Practices
Reinhart counsels companies interested in increasing their diversity efforts on the how-to's and best practices. The adoption of best practices to ensure the diversity of a corporation's supplier network expands economic opportunities across markets and industries. Our attorneys assist clients in understanding and implementing supplier diversity programs and creating model arrangements to enable non-M/D/SDV/WBEs to work with M/D/SDV/WBEs on projects that enhance the capabilities and capacities of the firms involved.
Relationship Development
We advise M/D/SDV/WBE business owners, corporations and government and community organizations on the practical tools and steps for fostering diversity alliances. We identify the appropriate type of relationships, such as mentor-protégé, joint venture or strategic alliance, and then develop the corresponding documentation. We help clients identify and secure available federal, state and local governmental assistance for these initiatives.
Access to Capital/Entrepreneurship
We facilitate the development of business opportunities together with the need to identify and pursue financing. The firm has worked extensively with alternative funding resources, including venture capital and angel networks. Current efforts are underway to develop more funding resources to meet the needs of these targeted firms. The firm also seeks to identify and target entrepreneurial opportunities for individuals who have been traditionally underrepresented in opportunities created by corporate mergers and spin-offs.