Business & Commercial Law
Strategic Counsel for Maine’s Entrepreneurs and Organizations
At Malloy / Bell, we understand that running a business means balancing opportunity with risk. Our attorneys provide practical, forward-thinking legal counsel to help Maine businesses start strong, operate smoothly, and plan for long-term success.
Whether you’re launching a new venture, negotiating a contract, or preparing for a major transition, we bring both business acumen and legal precision to every stage of your company’s journey.
Our Business Law Services
Business formation (LLCs, corporations, partnerships, and professional entities)
Contract drafting, review, and negotiation
Mergers, acquisitions, and reorganizations
Business succession planning and buy/sell agreements
Commercial and private lending (for borrowers and lenders)
Employment law compliance and HR guidance
Non-compete, confidentiality, and employment agreements
We serve as your trusted advisors — helping you make smart, strategic decisions that position your business for sustainable growth.
Tips for a Successful Small Business
5 things that every successful small business needs:
A good attorney who understands your business and experiences the same benefits and burdens that you do
A good accountant who is proactive in providing the best tax planning possible
A good insurance consultant who is dedicated to providing the best (not necessarily the most) insurance
A good financial planner who is dedicated to helping you grow your money while you make it
All of the above working together as a team
4 things every entrepreneur should consider:
Buy/sell agreements
Succession planning
Appropriate financing
Tax planning
The Importance of Entity Selection
Selecting an appropriate entity to conduct business is the first step in running a successful operation. Simply selecting an entity based upon the current fad is dangerous. An appropriate entity selection should be based upon one’s business plan, budget, and potential tax implications.