subject: Why A Small Business Attorney Is A Must-Have For Your Business [print this page] Why A Small Business Attorney Is A Must-Have For Your Business
When you have a small business, you really don't consider the fact that there may be legal issues that you'll face. Most small businesses are truly small and when people open their doors, whether it's a consignment shop, a home based business or doing yard work on weekends, if you're making money off of your efforts, then there's definitely times when a small business attorney will be needed. And if you're in need of one, no matter the location, whether it's a San Francisco, Phoenix or Denver business attorney, there are some things you should know.Sometimes a lawyer's services are needed right when a business opens its doors. This is especially important if you have partners as paperwork needs to be put in place to define the partnership and to ensure everyone is protected. You should even have a small business incorporated. While this complicates the tax and accounting situations a bit, but being incorporated, whether as an INC or a LLC provides protections for the business owners. These protections include being sued for liability issues. For instance, if you own a small market and someone slips on a wet spot on the floor and falls, if they sue, they'll only be able to sue the corporation. This prevents them from being able to sue the owner because the business itself is seen as a "legal person" and is the entity that has to deal with the suit. These are things that business attorneys understand as a part of their daily work that the average small business owner may not have an inkling of.When starting a small business, instead of diving headlong into starting up, talk to a small business attorney about the best way to set it up. This not only provides those protections outlined above but enables you to prevent problems later. Not only will it help with ensuring contracts and other paperwork is in place, but will provide guidance on liability issues, insurance, setting up the business for tax purposes and making sure all the payroll and accounting systems are correct. It isn't too late if your small business is already open to incorporate. Check with a small business attorney and see what kinds of protections you as a small business owner will enjoy by incorporating. If you have a business that caters directly to the public or is a partnership then there are legal ramifications that you may not have considered and that a small business attorney can guide you through. Taking care of your small business with the help of a lawyer gives you the opportunity to grow that business for your future.
welcome to Insurances.net (https://www.insurances.net)
