Starting your own company is the definition of the American dream. It can be exciting and empowering, but with so much to juggle, it can also quickly become overwhelming. Even the most competent person can struggle with the logistics of starting and running a brand-new business.
The Curry Law Firm understands how difficult business law can be and would like to help you make the most of your time and money. We are dedicated to helping our community of small business owners with our extensive legal education and entrepreneurial experience.
Structuring Your Company
There are many designations that a business can use. The type of designation you choose to use for your company can affect many things, including your exposure to liability, how you pay taxes, and how much you have to pay.
Some common forms of business designations are sole proprietorships, partnerships, corporations, S corporations, and limited liability companies (LLCs), but there are more options. Without the help of an experienced business attorney, it can be difficult to determine which designation makes the most sense for your growing venture.
Navigating Business Transactions
Contracts and other forms of legally-binding agreements come with the territory when you’re a business owner. It can be difficult to know exactly what you’re signing, especially when documents are worded in an overly complex and confusing manner.
With the help of a business lawyer, you will be able to review any legally-binding documents thoroughly before you sign them and understand exactly how it will affect you and your constituents. This can save you from making embarrassing or costly mistakes that could set you back.
Following the Law
Even if you are running your company with the purest of intentions, the law is incredibly complicated. It’s not hard to break it without even realizing you’re doing so. Every state has differing laws regarding employment, and federal laws aren’t always straightforward.
If you have a business lawyer on your team, you can ensure that you are keeping everything above board. This can protect you from liability and potential lawsuits as you go through the process of hiring or firing employees or independent contractors. Even incorrectly classifying the roles of the people who work for you can result in fines.
Business attorneys can also help protect you from lawsuits from current or former employees. They can help you navigate complaints or investigations opened by government entities, be they local, state, or federal. If your company is involved in an environmental concern, you will be glad to have a business attorney on your side.
Finally, if you ever decide to sell your business, or acquire another one, a business lawyer can help you ensure that process goes smoothly and you get the best value for your dollar.
Save Money with a Business Lawyer
If you are in the process of starting the company of your dreams, don’t let yourself get bogged down by legal complexities. Having The Curry Law Firm on your side will help you make the most of your time so that you can make more money to pour into your dreams.
Ready to speak with a lawyer? Call 713-574-2070 or fill out the online form on our contact page to request a consultation today.
