When you make the decision to start your own business you’re going to need help from some professionals to get everything going and along the way.
You’ll probably know by now that you need to work with an accountant to make sure your business’s finances are under control. But some may try to avoid hiring a Lawyer to help you get your business up and running in order to keep costs down. Wrong move!
Get a lawyer involved at the onset to avoid costly pitfalls and legal consequences. Developing a relationship with a law firm early will allow you to have a point of contact on issues as your business grows.
Agreements & Contracts
A lot of grief has been caused by simple oversights when it comes to contracts and agreements. Simply put, a good contract will protect your business from possible exploitation or misunderstandings.
In the early days of a business, it might be tempting to use a general contract template found online, or to simply “wing it”. But it won’t be long before you come across a client or situation that tests the limit of your legal protection — and you’ll be happy you invested time in getting your contracts right. This can be a simple contract with your first client or first employee.
Business Advice
You’re not the first person to come visit your Lawyer. They’ve seen and given advice to many ambitious business owners throughout the years and can provide critical information to help you skip common missteps or mistakes.
From how to set up your business, to issues relating to intellectual property, you can be sure that your Lawyer will be able to give you specific and applicable advice.
Prepare for both the best and the worst-case scenarios
It helps to be a dreamer when you start your own business — but it also helps to be prepared to face reality. A lawyer can help you balance the two scenarios so that you have the opportunity to make the most out of your business. The last thing you want is to accidentally put too much on the line because you didn’t see the legal implications of your decisions.
Talk with Epstein Law today!
Our experienced legal team is ready to help you make the right decisions so your new business is a success! Simply get in touch with us and schedule a meeting with us where the various items we can help you with. It may be the best free advice you get for your business.