If you’re starting a company, whether on your own or with a group of business professionals, you should consider hiring a lawyer from CTHG&E to assist you. As an entrepreneur, you will naturally focus more on the growth and development of your enterprise. However, you will also need an attorney to help you avoid any legal issues your start-up business may face.
Below are four reasons to hire an attorney when you start your business:
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A Lawyer Will Help You Set Up Your Business
The process of setting up a company in the US can be difficult and confusing, especially if it’s your first time. Choosing a business structure alone can be daunting. Is your enterprise going to be a sole proprietorship, a partnership, a limited liability company (LLC), or a corporation?
Registering the enterprise, getting federal and state tax IDs, and applying for permits and licenses are just some of the other things you need to do to start a company. By hiring a business lawyer from CTHG&E at the beginning stages of starting your business, you’ll have an expert on your side who can help you ensure to correctly select and properly set up your business entity.
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A Lawyer Ensures That Your Business Is In Compliance With the Law
There are certain rules, laws, and corporate formalities (e.g., IRS rules and tax laws) that you need to follow when running a business. And many states in the US have unique regulations that you need to comply with. Failing to do so can harm your company and put you at risk for costly legal issues.
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A Lawyer Can Create Legal Documents to Protect Your Business
A meticulous business lawyer can handle the drafting and reviewing of legal document, such as contracts, licenses, permits, business forms, etc. to protect your business from the risks and liabilities that are specific to your business and/or industry. Your ability to function effectively is determined on how carefully such documents are created.
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A Lawyer Can Help You in Case of a Lawsuit
Neglecting to follow corporate compliance laws, infringing on someone else’s intellectual property, and not separating personal and business assets are some common mistakes that entrepreneurs make. With proper legal counsel, you may be able to avoid legal issues from happening in the first place.
In addition, there are many other legal situations and a business can find itself in that solid legal advice can be worth its weight in gold!
Need a lawyer for your start-up company? Contact CTHG&E Today!
Your new business is too important of a project to undertake without professional support. Contact the experienced business attorneys at Craig, Terrill, Hamm, Grossman & Erwin, LLP for your business’ legal needs. Contact us now to set up an appointment or to learn more about how we help start-up companies.
