About to sign a contract and want a second set of eyes — or just figuring out whether to form an LLC?
We help small businesses run cleanly. Entity formation, operating agreements, commercial contracts, employment basics, buy-sell agreements — the documents that hold up when you need them to.
What we draft, and why each one matters.
Plain-language explanations of every document. If a term needs defining, it gets defined here — first use, no jargon.
02 / I · Entity FormationThe structure decision, made once and correctly.
Choosing between an LLC, an S-corp, a sole proprietorship, or a partnership comes down to a handful of variables — liability exposure, tax treatment, number of owners, growth plans. We walk through them with you in plain language and file the paperwork that fits, not the paperwork that’s trendy.
02 / II · Operating AgreementsThe document that decides what happens when something goes sideways.
An operating agreement is the contract between the owners of an LLC — how decisions get made, how profits get split, how someone leaves, how someone joins. Idaho doesn’t require one. The states that don’t require one are the states where the missing agreement causes the most expensive fights. We draft yours, or review the one your template generated, and fix the gaps before they matter.
02 / III · Commercial ContractsReading the agreement that’s about to be on your desk.
Service agreements, vendor contracts, lease agreements, NDAs, independent-contractor agreements. We review what you’ve been handed, flag what could go wrong, suggest what to push back on, and rewrite when rewriting is faster than redlining. We also draft from scratch when you need your own template.
02 / IV · Employment BasicsThe handful of documents every employer should already have.
Handbook review, employee vs. contractor classification, offer letters, separation agreements, non-compete enforceability in Idaho. We handle the documents and decisions that come up before you need an employment-litigation firm — and we’ll tell you honestly when the issue is actually one for that kind of firm.
02 / V · Buy-Sell AgreementsPlanning the exit before anyone’s exiting.
A buy-sell agreement is the document that decides what happens if a co-owner dies, divorces, becomes disabled, wants out, or wants to bring someone in. Drafting it while everyone gets along is roughly one-tenth the cost of fighting about it later. The estate-side of our practice handles the death-and-disability scenarios; the business side handles the rest.
Which entity structure fits your situation?
A 2-minute comparator. Six questions about revenue, ownership, and plans. Outputs a ranked recommendation (LLC / S-corp / sole prop / partnership) with reasoning and cost-to-form estimate ranges.
What you’ll know after our first call.
Thirty minutes, no charge. Plain answers to the small-business questions you walked in with.
- Which entity structure fits your situation — LLC, S-corp, sole prop, or partnership — and the actual reasons.
- What your operating agreement is missing (or what should be in the one you're about to sign).
- What's on page 4 of the contract on your desk that you should push back on before signing.
- A rough cost range for the work , including a flat-fee option if your matter fits one.
Questions that come up on most first calls.
What’s the difference between an LLC and an S-corp?
An LLC is a legal structure — it limits your personal liability and gives you flexibility on how the business is managed. An S-corp is a tax election — it tells the IRS to treat your business income a certain way for tax purposes. An LLC can elect to be taxed as an S-corp; the two are not mutually exclusive.
For most Idaho small businesses, the right answer is “form an LLC and decide on the S-corp election later, when your numbers tell you to.” We walk through both decisions in the first call.
Do I need an operating agreement if I’m the only owner?
Technically no — Idaho doesn’t require one. Practically yes — a single-member operating agreement documents that your LLC is a real entity separate from you personally, which is the evidence courts use when deciding whether to honor the liability shield. It also matters when you open a business bank account, apply for financing, or eventually take on a second owner. We draft them as flat-fee work.
How much does it cost to form an LLC at Park & Hayes?
Flat-fee: $600 for a single-member LLC including Idaho Secretary of State filing fees, EIN registration, and a single-member operating agreement. $950 for a multi-member LLC with a tailored operating agreement that covers decision rights, capital contributions, and exit terms. Add-ons (S-corp election filing, registered-agent setup) are quoted on the first call.
How long does it take to form an LLC in Idaho?
Idaho processes LLC filings in 5–10 business days through the Secretary of State’s online portal. Expedited filing is available for an extra fee and runs about 24 hours. If you need the entity in place by a specific date for a closing or a contract, tell us on the first call and we’ll work backwards from that date.
Will you review a contract I’m about to sign?
Yes — that’s most of what the small-business side of our practice does. We charge by the hour for contract review, with a typical range of $400–$1,200 for a standard commercial agreement depending on length and complexity. We give you a fee estimate after glancing at the document, before doing any work. If a contract is simple enough to read in fifteen minutes, we’ll tell you that and not charge you for it.
The first call is free. The contract review is faster than you think.
Thirty minutes. Plain answers. No pressure to keep going.
Schedule the first call