You might think that hiring a business lawyer is only for large corporations or at least a mid-sized company, but this isn't always the case. It can be important for any size business to use the services of a business lawyer to ensure their company's success. If you are a small business that's just starting out, or even if you are starting to grow your company, you should consider hiring a lawyer.
Here are some top reasons why a small business should hire a lawyer to help ensure success.
They Can Help You Find The Right Property
If you are a small business, you might be operating out of your home. If your company is growing, you might find that you need more room to hire more employees or have extra space for storage, and for customers to visit your business. Finding the right property to rent or even to buy can be daunting for start-up businesses, or even for those who have mostly operated out of their own homes.
If you hire a business lawyer, they can help advise you on finding the right property to rent or to buy that can help ensure your company has the best chance of success. They can work with you and your real estate agent to search properties in your city that will best suit your company's needs including location to major transportation hubs and logistics companies if need be, and the ease of access for your employees and customers to reach.
Help With Legal Aspects Of Hiring Employees
If your company is growing, you might now need to hire employees to help you with the workload or to perform work outside of your skill set. If you are unsure of how to craft employee contracts, hiring a business lawyer can help you draft them. They can negotiate with potential employees and even help you determine what skills and credentials would be the best to look for in a potential employee.
Also, if any employee has been injured on the job, your business lawyer can help protect you against any potential lawsuits. They can also help to protect your employees against unwarranted lawsuits from customers.
Help With Your Taxes
You most likely don't enjoy doing your own personal taxes and when you have a company, you need to file separate taxes for the business. Business taxes can be more complicated than personal ones and if you do something wrong, it can trigger an audit.
The right business lawyer can help you file your taxes and ensure you have the necessary documentation you need to stay tax compliant.
For more information, contact a company such as The Law Office of W. Randall Holcomb, PLLC.
Share31 March 2023
While I took a few business classes in college, I left early to start my own business. I thought I had the knowledge I needed to become a great business owner and was eager to start my business. Soon, I had a new business that was actually performing pretty well in sales. Unfortunately, I hadn't taken any law courses in college, and I soon realized I made a few mistakes when starting my business that could cause me some legal trouble. Thankfully, a great business lawyer helped me correct my mistakes before I had any legal problems, but I then decided to take those business law courses. I want to help business owners and anyone else who would like to learn more about the law by starting a blog where I will share what I have learned and will continue to learn. I hope I can help you!