July 28, 2017
Small Business Owners – Do I Need a Business Lawyer?
If you are starting a business or already have one, you may wonder whether you actually need a business lawyer. You are probably strapped for cash and feel you simply can’t afford the extra expense of hiring a business lawyer. After all, an attorney costs money and you may think this is an expense you do not need. When actually, hiring a business lawyer should be part of your financial or investment costs because a lawyer can save money and also render additional help when required.
When Would You Need a Business Lawyer?
For a Start-up you should meet with a Business lawyer to determine the best way to incorporate. There are different ways to protect yourself though incorporating. There are Partherships, LLCs, Incorporation and S-Coprorations.
If you have buisness partners you should meet with a Buisness Lawyer to prepare documents at the beginning of your partnership that clearly states what should happen if the partnership doesn’t work-out.
Preparing certin legal documents at the beginning can save you trenmendouse legal costs later on.
For small issues that may not be too complex, you may be able to adopt a do-it-yourself approach. But some problems require the expertise an attorney who is expert in business law can provide. Examples:
- If you are behind in Sales Tax or Payroll Taxes.
- If you are sued by any former, present or potential employees for any reason including discrimination, hiring, firing or even an unfriendly or hostile work environment.
- If any local or state of federal government bodies files complaints or investigates any complaints against you for any kind of legal violations.
- If an environmental issue and arises and your business is implicated (whether or not it caused the problem) and you are liable for a penalty.
- If you are in negotiations for selling your business or acquiring another, there are complex legal formalities and you need a lawyer to make sure that you get or pay the best price.
How Retaining a Lawyer Helps Before an Issue Even Arises
In case you were to face serious problem, you would need a lawyer to navigate the minefield of legal problems. Often you could have prevented the problems from occurring initially had you retained or consulted a lawyer.
The Best Arrangement With a Business Lawyer
Hiring a business lawyer when you start your business may not be financially viable at the onset. But you can have a consultation arrangement with an attorney to help you out as and when required. This may mean that you are responsible for research and any required legwork and the lawyer will only help you with legal guidance.
Steven M. Fishman is an Experienced Business Lawyer
If you are just starting your business or need help with serious problem, Steven M. Fishman is an experience business attorney that can help your business navigate the minefield of legal problems a business can face. Call today for you free no obligation complimentary office consultation for help with business law, tax debt liabilities and debt relief. Call today at (727) 724-9044 to ensure that you and your business are getting the legal guidance you need.
The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience. We are a debt relief agency. We help people file for bankruptcy under the United States Bankruptcy Code