Do you need a business lawyer? It’s a common question among business owners and the CEOs of small businesses, and many have no idea of what’s involved when it comes to making the decision and the services they need.
So let’s review. What follows is a brief breakdown of what business lawyers do, along with a simple explanation. This will allow you to mix and match the services you need to run your business more effectively.
The Services
The services offered by business lawyers literally begin when you start your business. The most important choice is whether you want to start as an LLC, an S Corp, or another type of business.
Getting a complete explanation of the tradeoffs that are involved is essential, and it will doubtless lead you into another important service that business lawyers supply—contracts.
Business lawyers can help guide you through the maze of forms that come with different transactions.
These include waivers, contracts, court documents, and so on, and a good business lawyer can be invaluable when it comes to negotiating any disputes or bread of contract situations.
There are also many workplace issues that land under the purview of a good business lawyer. Disability is one, as is sick leave, and workplace safety and discrimination and harassment issues may also come into play.
It’s important to work with someone who knows the specific laws pertaining to these things, and there’s an art to knowing when to apply them as well.
Risk management and compliance are two other business issues that a lawyer can help you manage. Risk systems help yo u assess just what you’re taking on when you go to expand, and inevitably there will be compliance issues related to safety, procedures, best practices and such that are an essential part of the service package as well.
When Should You Get a Business Attorney?
Hiring a business attorney seems like one of those situations where you can put off the process indefinitely, but the opposite is actually true.
Many business owners don’t realize that a good business lawyers can save them a great deal of money when it comes to ongoing expenses, and these lawyers can also provide essential help for growing a business.
Given the possibilities, it’s a good idea to start the hunt. There are a lot of solid firms out there, but the business lawyers at mcdonald.ventures are among the best, so make it a point to contact them and get a consult.
[Here’s the piece…did this as an overview tutorial, with a callout at the end. Used the keyword as it’s spelled out in the instructions, but for some reason it’s not showing up in the iWriter dash. Please let me know if you need anything else.]