By Priya Singh
So, are you starting a new business?
Through the feelings of excitement and nerves, you must be wondering about the ultimate checklist.
Vis a vis, everything which you need to do for a smooth start!
Do not worry; we are here for your rescue. When you are thinking about starting a business, we think about-
– Capital.
– First Budget.
– The pilot team.
– Website.
– Branding.
But, wait, don’t we forget something? What about a business lawyer?
Do we really need a business lawyer? Won’t it take up a lot of our budget? Some of our newest entrepreneurs do not believe in the idea of having a business lawyer.
This is because they have this preconceived notion that lawyers are only there when we are dealing with a lawsuit.
However, after talking to a few business experts, we have gathered that having a lawyer for your business is very important. They will ensure that you do not make any mistakes which can eventually lead to a lawsuit.
What Is A Business Lawyer?
A business lawyer, who is also known as a corporate lawyer, is someone who deals with the internal working of a business. Their responsibilities include taxation, business transactions, and other intellectual properties.
According to leading business lawyers in Dubai, hiring a business lawyer might just be the most important and beneficial decision you would be taking in the interest if your company. From troubleshooting problems to engineering growth stories through M&Ss, business lawyers can perform multiple roles and functions.
They are also called upon in case there is any breach of loyalty by the employees to take any appropriate action, or even in case of any lawsuit.
So, Why Do You Need One?
Here are some of the reasons given by an expert business attorney in Atlanta GA. They will absolutely convince you to get a business lawyer whenever you are inaugurating your first startup.
1. Hiring Agreements For Employees
When you are just starting with your business, it will take some time for you to employ new members for sure!
Some of them will just be your family members and friends. However, if they are working full time and you are paying them, then they need to sign a contract.
This will have all the employees agreements about what they should and shouldn’t do. The purpose of this contract is to ensure iron-clad protection of your business data about sales, growth, and finance.
A business lawyer is the best person who will be able to frame this for you.
2. Contracts With Vendors
When you start your business, you will need raw materials or other necessities from vendors. Now, in the beginning, it might not look like a big deal, but when you are buying materials in bulk, there has to be some sought of agreement.
Again a matter of contact approaches a contract which can be lawfully framed by some of the best business attorneys in Atlanta, GA.
3. Contracts For Shareholders & Partners
Whether you are starting a business on your own or you have a partner alongside you, there will be a point when your company joins the stock exchange market.
So, why not take the rightful precaution from now on?
Hire a business lawyer, and allow them to draft a contract for you and your business partners. Plus, get a separate one for the reserved rights of your stakeholders in future.
4. Leases & Agreements
If you are renting or buying a physical property for a store or warehousing, there is real estate involved in it.
If you are not that well versed in the real estate world, then do not worry. You will be able to get all the rightful advice and agreements on leases settled by the attorney representing you.
Frequently Asked Questions (FAQs):
When we think about the different reasons for having a business lawyer, we are bound to have more questions. Here are some of the frequently asked questions, and we have gathered the best answers from experts.
Q1. Should I Rather Go For a Local Attorney For My Business?
If you are starting a business elsewhere, a place which you have just moved to, having a local attorney will be much more helpful.
They will be able to help you with all your local permissions and agreements. Plus, you can get personal insights about the locality from them.
Q2. Can A Lawyer Help Me Get Permissions?
Yes, without a doubt!
The business attorney in Atlanta, GA, will be able to get you local permissions to own land or shop for your business purposes.
You Should Hire One Today!
Yes, we know that hiring a lawyer can add to your budget. But, you must evaluate the profit you will be getting.
– The legal advice.
– The agreements.
– Contracts.
– Permissions.
-Everything.
Just pick the right attorney, and you are good to go.
Read More:
