Starting a business can be an exciting time. With all that excitement and a desire to save money, it can be tempting to jump right in and try to use quick do-it-yourself legal forms for all of your business’s start-up needs. Be wary of cutting such corners, however. The forms you complete and the choices you make at the start of your business endeavor will set the tone for your business’s future and can have significant impacts on whether or not your business succeeds. Because setting up your business the right way is so critical, hiring a knowledgeable, experienced business law attorney can be the best bet to put your business on the road to a successful and prosperous future.
Why Hire an Attorney to Help Set-Up Your Business
There are a number of important things that must be done to properly set up a business. For instance, selecting the right legal structure for your business is one of the most important decisions you will make and it is done right at the start of things. A business attorney can hear from you about your goals for your business and help you select the best business format to serve those goals and your specific business needs. Different business structures will have significant impacts on the taxation of your business, your personal liability exposure, and much more.
An attorney can also advise you on how to comply with any local, state, or federal regulations that may be applicable to your business. Remaining compliant through things like initial filings and registrations can help your business avoid costly fines and other setbacks. The applicable regulations can be very specific to the type of business you are starting and can be difficult to pin down which ones you need to be in compliance with. An attorney can not only help identify which regulations and local ordinances apply to your business but can also help you properly complete the requisite filings as well as manage all the required legal documentation.
There will also be a number of contracts and agreements you will need to put in place at the start of your business and through the normal course of conducting business. These will range from everything from lease agreements to contracts for goods and services. You may also need to put something like a partnership agreement in place or employment agreement. To best protect your interests and that of your business, they should be drafted by a skilled business law attorney.
Business Law Attorneys
Get the benefit of an experienced and knowledgeable business law attorney. By hiring an attorney, you can rest easy knowing your business interests and goals are being protected by all that the law has to offer. Talk to the team at Jones, Gregg, Creehan & Gerace about how we can help you set up your next business venture for success. Contact us today.