subject: Do You Really Need A Business Attorney Or Can You Do It On Your Own? [print this page] If you are opening your own business for the first time, then one of the most important questions to ask is "Do I need a business attorney or can I handle the legal tasks on my own?" This is understandable, since cutting costs is essential to keeping your business afloat. However, can you really afford not to have legal advice and guidance and avoid contacting business attorneys all together? Is a business attorney something that a small business needs or is it something left for large corporations which get dozens of lawsuits a year?
Business Attorneys Can Advise You on Starting a New Business
Before we answer this question, first consider the type of business you have. If the business involves products (and especially perishables or dangerous equipment) then it's not only necessary to have a business attorney for liability protection, but also for legally establishing your business in the proper way. Licenses, permits and other official documents may be required by the state and the failure to acquire these documents could result in major fines. Business attorneys can help you with established protocol as well as new laws being put into effect on a regular basis. A business attorney can let you know of such risks and protect you from reprisal.
Business Attorneys and the Issue of Liability
Many professionals would not even consider going without a business attorney solely because they can't afford to be sued and to go to court. Therefore, they would prefer to act safely and not take any unnecessary risks with customer service, with product safety, or other important issues. Some companies may decide that just like a doctor or an emergency room, they would prefer to hire a business attorney only when a problem happens. Of course, avoiding any and all lawsuits is just not possible, and if you work in a dangerous industry, then finding business attorneys is very important, as you will have to fight and fight hard to keep your assets and money.
Business Attorneys and Tax Assistance
However, it's important to realize that a business attorney is not solely for legal protection. He or she can also help to start a business legally and properly, including choosing a type of business, and acquiring all tax concessions available. Some owners even need assistance from a business attorney when dissolving or selling a business because of the legal complexities. What about protection from your own employees? For some, hiring high-level employees requires the services of a business attorney so you can avoid lawsuits and understand proper protocol in the office, including layoffs and terminations. A business attorney is your go-to help, regardless of the situation, and can give you a well-rounded view of the legal side of owning your own business.
Don't SettleChoose Business Attorneys with Experience!
Finding reliable and experienced business attorneys is the next step. Instead of relying on general business attorneys, or finding the least expensive option, try to find one that has experience not only with small business but within your industry, so that you can be assured of experienced guidance. Finding trustworthy business attorneys is paramount to your long-term survival as an independent business owner!
