Starting a viable small business is the dream of thousands of entrepreneurs around the United States. Each year hundreds of new companies launch, boosting the economy and giving individuals like you a chance to be their own boss. Unfortunately, many small business owners do not take the time to contact a business lawyer before finalizing their launch. The prevalence of websites offering low cost document preparation and the do-it-yourself attitude common among business owners lead to many making crucial mistakes. Knowing why you need to consult a business attorney for your small business will help you avoid missing a step that could ultimately affect your long term success.
Changing State and Federal Law
The laws regarding operating small and large businesses are constantly changing. One way to protect your business from making an error that leads to violating a law is to consult an experienced business attorney. Laws surrounding business incorporation, hiring, and paying taxes are all complex and can result in high fees if violated. Instead of hoping that you have enough knowledge to side-step most issues, talk to an expert who can provide you with the peace of mind you will need to operate your business smoothly and legally.
Prevention
Many small business owners do not consult attorneys until after a disaster has happened. However, once a former client or vendor has initiated a lawsuit it might already be too late to benefit from the help of an attorney. Consulting a business attorney during the launch stage of your business allows you to benefit from early preventative measures. An attorney can work with you to establish a plan that provides you protection from common lawsuits and issues that could ruin or bankrupt your company. Remember, one ounce of prevention can go a long way.
Extensive Legal Protection
As previously mentioned, contacting a lawyer only after a legal problem has occurred can limit an attorney’s ability to help you. In addition to providing basic preventative advice that will help you operate your business legally and efficiently, an attorney can provide you with extensive legal protection. Business owners must deal with legal disputes with customers, vendors, employees, and other business owners. Having an attorney who has worked with your business since start-up means you have someone on your side who understands every aspect of your business, making him or her able to provide you legal protection in a variety of situations.
Contact Resnick Law
The decision to start a business is a life changing one that can improve both your life and the lives of your loved ones. In order to benefit fully from your new venture, do what you can to legally protect your new entity. The professional and experienced attorneys at Resnick Law are here to answer your questions and provide you with the legal support that you need. Call our office today to schedule an initial consultation so that our team can begin answering your questions and providing you with the business law advice that you deserve.
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