In this week's Freedom Friday blog and email newsletter, we are doing something special. Today is a special day. There is no mail today. Banks are closed today. Courthouses are closed today. We are open and working hard for our clients today, at Liberty Legal Solutions, but today is a very special day. Why? Today is Veteran's Day! So, in today's Freedom Friday blog and email newsletter, Liberty Legal Solutions salutes our veterans.
Our veterans are very special and very important to this country. Liberty Legal Solutions sincerely appreciates our veterans and the sacrifices which they have made to preserve the freedoms in our country. Small business owners have the opportunity to be an entrepreneur and start businesses because of the freedoms preserved by our veterans. Also, many veterans choose to become small business owners themselves. Some veterans have also given up the opportunity to serve their country in reserve status because of their small business. Today, it's important to salute and thank our veterans for the sacrifices they have made to preserve our freedom and liberty.
As a thank you to our veterans, in today's Freedom Friday blog and email newsletter, I want to share three (3) ways in which a business attorney can assist your small business, not only when you're getting started, but also as your business grows:
Choosing Your Business Entity
The first way in which a business attorney can assist your small business is in choosing your business entity. This is an important issue, even for those going into business by themselves, but even more so when you are going into business with someone else, even if it's someone you trust like your spouse. I am frequently asked by prospective clients if they should have a business entity, and what I would recommend. For most situations it's usually an LLC, but sometimes a new client needs something different than that. However, a business attorney can assist you in making that decision.
Creating Enforceable Contracts
The second way in which a business attorney can assist your small business is in creating enforceable contracts. A business attorney will be able to help draft contracts for your small business, and ensure all essential factors are in place to protect your business in regard to your employees or contractors, your business “partners,” etc. Depending on your business you might need employment contracts, independent contractor agreements, service agreements, or even shareholder agreements. Also, a business attorney will be able to review contracts submitted to you and help you avoid pitfalls or other problems with such contracts.
The third way in which a business attorney can assist your small business is in resolving disputes. These disputes could be with the business's co-owners, customers, employees, or vendors. Not all disputes need to be resolved through litigation, but sometimes litigation is necessary. A business attorney can help you resolve disputes not only through litigation, but also through negotiation and other strategies which can save your business money in the long run.
Thinking about starting a small business? Or maybe your small business is having issues with contracts, leases, business partners, collection issues, or experiencing other barriers to growth? Please contact me at [email protected] to schedule a FREE strategy session.
For more information about Liberty Legal Solutions, LLC, please visit our website at http://www.libertylegalok.com/