Helping you protect your business long-term through expert legal counsel — from LLC formation and contracts to business litigation and succession planning.
Starting a new business or growing an existing one can be exciting. However, while you are coming up with new product ideas, launching your services, or opening the doors to a new location for your company, legal issues can lurk in the background. From selecting the right legal structure for your business to creating and enforcing contracts that protect your bottom line, it is critical to have a strong legal foundation for your company.
Business law attorneys provide a wide range of services for their clients. Here are just some things you might expect a business lawyer to offer assistance with.
When you start a new business, you must choose a business structure for it. A business lawyer can help you understand your options and what legal structure might be best for your company. They can also handle the paperwork and details required to register or incorporate your business, if applicable.
A lawyer provides experienced help drafting contracts for your business. The types of contracts you might need to protect your company include employment contracts with non-compete clauses, commercial leases, vendor contracts, and customer or client contracts. Business law experience means a lawyer is able to draft a solid agreement that is harder for other parties to exit. An attorney can also work with you to enforce contracts or seek remedies if someone is in breach.
If family or others are interested in eventually taking over your business, a business attorney can help you set up effective succession planning — for example, passing the business down to heirs without large fees or taxes on the transaction.
Business law attorneys work with their clients to build protections for brand and intellectual property. That might include filing for trademarks, copyrights, or patents on your behalf and then enforcing those protections via lawsuits when necessary.
Legal professionals do not just create contracts for you. They can review any contract or agreement you are considering signing. Their legal advice can help you stay ahead of issues and avoid signing a contract that puts you or your business at risk.
Having a lawyer on retainer for your business ensures you have access to general legal advice as needed — covering human resources, hiring, contracts, payments, lawsuits, and many other legal topics relevant to your company.
Some situations when you should seriously consider contacting a business lawyer:
A business lawyer can provide guidance for setting up your business, writing operating agreements, and managing day-to-day tasks to ensure you have a limited level of personal liability. This is important, as you may not want your own home or assets on the line if the business gets sued or is unable to cover debt obligations.
Entrepreneurs and other business owners who are in need of legal guidance can reach out to the TVA Law Office at 651-571-8547. Contact us today to find out how we can help you protect your company now and in the future.
This article is for general informational purposes only and does not constitute legal advice. Contact TVA Law Office at 651-571-8547 to discuss your specific situation.