Why You Need a Lawyer for Your Small Business
From employment agreements to exit strategies, there are many reasons why you need a lawyer for your small business. Whether you sell products or provide a service, a lawyer can help you navigate potential legal challenges that can arise during the formation of your business, your daily operations, and other situations. As experts in business law, the team at Linley Welwood knows how difficult it can be to handle these challenges without support. That is why we have provided a list of 6 ways that a lawyer can help with your small business to demonstrate why it is worth enlisting their services.
Learn how to choose the right lawyer for your business.
6 Ways a Lawyer Can Help with Your Small Business
Lawyers can assist small businesses in the following ways:
1. Business Formation
Some of the most important legal matters need to be handled when a business is first formed. Hiring a business lawyer to help with the incorporation process can ensure that your business starts on the right foot and that no documents or other items are missed.
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2. Intellectual Property
Many businesses have some form of intellectual property that should be protected by copyright, such as devices, creations, and blueprints. Hiring a business lawyer to assist with the necessary copyright, patent, and trademark registrations will ensure that all your business’ important aspects are properly protected.
3. Employment Agreements
While many businesses tend to start as a single-person operation, additional employees are typically required to grow the company. A lawyer will be able to help a small business owner draft the required employment agreements, such as non-disclosure agreements, employment contracts for a specific duration, and non-compete agreements to hire employees and grow their team.
Learn all about the different types of business law.
4. Privacy Policies
Small businesses often need to take a significant amount of time to build a positive reputation in their community. That is why a falsified negative review can be devasting to growth and future success. A business lawyer will be able to help by getting a court order to take down the defamatory online posts or by sending a cease and desist letter.
6. Exit Strategies
Just as a business lawyer can help with the formation of a business, they can also help develop policies regarding the end of the business. This can include plans that allow for the business to close or for partners to buy out another partner’s share in the business.
To learn more about business law or to see how our team can assist your small business, get in touch with Linley Welwood. We can be reached through our online contact form and will be happy to answer any questions you may have regarding our services.