While it is certainly possible to start a small business without the help of a business attorney, having an attorney on your side can help you to avoid potential potholes that your business could run into over time.
Here are just a few of the legal issues that our firm helps small business owners with when they are getting started:
Choosing the right legal structure, and corporate governance. We can help you decide whether to create a partnership, sole proprietorship, LLC, corporation or some other legal structure after weighing the benefits and drawbacks of each. If you choose to incorporate your business, we can also help make sure that you are abiding by the requirements to maintain corporation status.
Protecting your intellectual property. There are many aspects about your business that need to be protected in order to keep a competitive edge in the marketplace, including your name, brand, logo and products. We can help you do that by applying for patents, copyrights and trademarks for your intellectual property.
Planning an exit strategy. Even though it may seem negative, it’s extremely important to have a way out of the business from the very beginning. We can make sure there is a plan in place for when you or other partners, principals or shareholders decide to leave so that the business is protected.
Chances are that you are pouring your savings, heart and soul into your new business, which is why it is so important to make sure everything is done right. Our firm can help you and your new business avoid the legal pitfalls that could derail your success.
To read more about the ways in which small business owners can benefit from a lawyer’s help, see this FindLaw.com article on the topic.