Exciting, educational and exhausting days typically come with starting a new business. It is the venture of a lifetime for many entrepreneurs. Even if you think hiring a lawyer to help you get started is an extra expense you could do without, having legal guidance is priceless when it comes to your livelihood.
Remember that it is easier and oftentimes cheaper to hire a lawyer in the beginning to help you get started with your new business venture then it is to have an attorney come in later to untangle the legal mess that has resulted from your not understanding or complying with the law. Protect yourself, your employees and your business by retaining valuable legal advice from the outset. As stated, choosing a lawyer is a vital component of business formation.
When will I need a lawyer?
There are numerous situations in which it will be beneficial for you to have a lawyer you trust to work with. The following are some prime examples of when your attorney’s assistance may be key for your business:
- Purchasing an existing business
- Determining/Setting up the structure for a new business (sole proprietorship, partnership, corporation, limited liability corporation, etc.)
- Signing a commercial lease
- Purchasing or leasing property
- Obtaining a mortgage
- Employment agreements
- Employee conflicts
- Environmental concerns or complaints
- Disagreements between business partners
- Protecting your intellectual property
- Accessing equity financing
As you can see, basically every step from legally starting your business to securing its location to dealing with employees benefits from having an attorney to guide you. A competent lawyer is an integral asset to any new business to ensure you get off to a good start.
What can a lawyer do for my business?
First and foremost, your lawyer helps you conduct your business in a legal manner so that you don’t run afoul of the government or industry regulators for any reason. Your attorney also makes sure that you and your business are treated fairly in your commercial dealings. It is key that you have someone familiar with business law available to review and/or create any formal contracts that are required as you conduct trade.
The fact is, starting a new business is an exceptionally busy time. It can be easy to miss the fine print on a crucial document along the way to calamitous results. Your lawyer will ensure that you have total comprehension prior to signing anything. You will understand all the terms and have all the facts necessary to make the best decision for your business.
What to look for when hiring a lawyer
How do you find the right attorney to represent your business? Some people ask family, friends or coworkers for the names of the lawyers who handled personal legal matters for them. Others rely on the legal ads and toll-free numbers for lawyers that can be found everywhere you look. The problem with these scenarios is you probably won’t end up with an attorney who specializes in business law in either case. You need someone who has expertise and experience in this field of the law. In addition, there are some important professional traits you will want to look for to help ensure that you have the right individual on your side.
You business lawyer should be:
- Have great listening skills
Attorney Jonathan Meek embodies all of these qualities, which has helped him thrive in the practice of business law. He can provide your new business with the legal representation it needs to be a success. For more information, contact Meek Law Firm today. Call (704) 848-6335 or use the contact form on the right of this page to schedule a consultation appointment.