- Why Do Small Businesses Need an Attorney?
- October 26, 2016 | Author: James H. Gulseth
- Law Firm: JGPC Business & Corporate Law - Pleasanton Office
Small business owners are usually conscientious about the cost – the cost of their necessary materials they need to manufacture their products or render their services, the cost of hiring and retaining qualified employees, and the cost of keeping their business open and in compliance with the law. Maintaining control over these costs is important: after all, the more costs and expenses a small business incurs, the less profit is available for the business owners to enjoy. For this reason, small business owners are constantly looking for ways to trim their expenses and limit their costs. Cutting out the expenses for services provided by a small business attorney, however, can be a costly mistake.
Your Small Business Attorney Can Save You Money
Admittedly, “savings” is not the first word that comes to the minds of most people when they are asked to consider the word “attorney.” However, a small business attorney can indeed save business owners money in various ways:
- By helping minimize costs associated with a start up: Choosing the appropriate business entity for your venture and business goals is an important decision that should not be entered into without considerable thought. A small business attorney is well-prepared to consider your assets, goals, and risk tolerance and advise you as to the best business entity for your situation – and help you form that business entity with minimal delay.
- By helping you avoid legal troubles before they occur: Business owners can find themselves in legal disputes quite easily, whether the dispute be related to contract law, employment law, immigration law, or bankruptcy law. Any such dispute can cost the business owner hundreds (if not thousands) of dollars to resolve – far more money than would have been necessary to avoid the problem in the first place.
- By resolving unavoidable legal conflicts quickly: Some legal disputes and suits cannot be avoided no matter the skill of the attorney involved. Once these disputes erupt, speedy resolution of these disputes is key to minimizing disruption to your business’s operations and your business’s expenses. The laws affecting a business’s operations are complicated, however. Having a skilled small business attorney’s knowledge and experience available can help ensure these lawsuits have as minimal impact on your business as possible.
What to Look for in a Small Business Attorney
When looking for a small business law firm to represent your business’s interests, look for a firm that is experienced in helping business owners in situations similar to yours. While no two small businesses are alike, finding a law firm that has successfully guided other businesses through situations and circumstances similar to your own can be a good indicator that the firm and its attorneys will be able to assist you as well.
This article was originally published on JGPC.com.