Do you own a business? Well, if so, there may be a time when you need some legal advice or help. So who do you call on when that time of need arrives? You would call a small business lawyer. Are you wondering exactly what small business lawyers can do for you? The question that you should ask is what can’t they do?
A Range of Services
Small business lawyers offer a comprehensive range of services that aim to assist owners and managers of small to medium-sized businesses, which include partnerships, limited companies, and sole traders. Well, what kind of services do they provide? They can help you establish a new business if you’re a new owner just as easily they can help you sell your business if you are looking to retire or move on to your next investment. If you are a current business owner, they can assist you in resolving any business disputes you may have. If you are in need of changing the business structure or are trying to acquire an existing business, they can assist you with that as well.
Starting a Business
It may seem a bit overwhelming to start up a business but it doesn’t have to be with business lawyers on your side. They can assist you in your employment contracts or with your staff handbook and policies. They also can advise you on all legal requirements, your company formation, partnership agreements, shareholder agreements, your joint venture agreements, and much more.
Buying or Selling Your Business
It doesn’t matter if you’re a buyer or a seller. A small business lawyer can advise you every step of the way. If it is your first time owning a business they can assist you with the requirements of your lender. They can assist you with the transaction planning, preliminary agreements, and confidentiality agreements. You will need lawyers to help with the purchase agreement and they will be there every step of the way to provide any advice you may need. As for a seller, if you are selling your business, a lawyer can review and work out any links you may have in your contract. They can also make sure that your sale is in perfect order with all of the requirements. They will assist you with your disclosures to the buyer and also with the transaction planning.
Business Disputes
Sometimes when you are running a business, disputes may arise. In your time of need, small business lawyers are who you want in your corner. They can assist you with any debt recovery that you may need. Also, if you run into any partnership disputes or shareholders’ disputes, they are the ones to call. Even a breach of contract can be settled with ease. So if you’re buying or selling or find yourself in any disputes either big or small, you can count on a small business lawyer to help you through it.
