Starting a business or buying an existing one is an exciting time. You are making a positive step toward your future, provided you don’t make any major mistakes. Putting together a support team to walk you through those first timid steps is an important part of avoiding pitfalls. Here are the ways a business attorney can help get you off on the right foot.
- Review Contracts – You’ll have several contracts to deal with as you begin your business, and even those you think are on your side can mislead you with fine print and clauses that aren’t in your best interest. Before you sign any contract, be sure to have a business attorney read it over and advise you if it needs revisions to protect your interests.
- Labor Laws – If you’ll have employees, you need to know about the labor laws involved, and a business attorney can help you with that. They can help you avoid disputes, and should one occur, they can represent you to get it resolved in the best manner.
- Establishing Contracts – You will likely need a fair number of contracts to operate your business, such as those with vendors, customers, and employees. Your business attorney can prepare them for you. making sure your best interests are considered.
- Structuring Your Business – There are right and wrong ways to structure a business, from a tax standpoint, as well as liability. A business attorney will help you structure it so you protect your personal assets and any investors. They also help with creating bylaws, ownership responsibilities, and other paperwork needed to get established.
If you are starting a business and would like the services of a business attorney throughout the process and beyond, give us a call at Bennett Guthrie PLLC. It is our goal to resolve your immediate needs and long-term interests so your business can be a huge success.