Something to consider for small businesses

Every single business needs a lawyer on its team for it to be successful. As a business owner, whether you are seasoned in business or you are new at it, you might already understand the trouble that comes with setting things up. It can be complicated to set up your own business in a name that you’ve come up with.It’s even more complicated if you’re setting up a partnership and you’re working with somebody else.

There’s usually tons of paperwork to go through, and if you’re not one for contracts, you might need an additional set of eyes to read them with you. Having that extra knowledge and expertise can make a big difference to your business starting up in the right way. Companies such as Beyond Law are there to help you when you need it, but it can help to know WHY your business needs a good legal mind. So with that in mind, let’s take a look at more reasons why it’s essential for you to have a legal team on your side in your business.

1. To help you with those legal documents.When your business starts up, and also when it expands the legal work that goes into, it does the same thing.Hiring more people on your team is going to help you greatly, but not so much if you can’t write or develop an employment contract.If you’re signing contracts with an office space, or a manufacturer or a supplier or a distributor, you see where we’re going with this. There’s always going to be the need for a lawyer to help you to draft and assess legal contracts and read them through with you to ensure that they are fair to everybody involved. It’s not always easy to decipher the legal concepts out there, so it may help to have someone who knows how to read and understand them.

2. You have a notary when you need it. Not only can legal teams and lawyers help you to make up contracts, but they can also notarize documents as you need them. They’re not always easy to find, and they’re not cheap to hire, but a lawyer can do both and save you time and money, especially if you have your lawyer on retainer.

3. Getting paid on time. There are some situations when distributors, suppliers or clients don’t follow through with their contract or payment terms. With the help of a lawyer, you can speed things up.There are other businesses out there that are run by entrepreneurs that think they can get away with bending the rules, but it shouldn’t be that way either. You don’t have to let them have the upper hand. With the help of your lawyer, you can make sure that you’re being paid on time.

4. You have representation. If you have issues with the former employee or there is a scam happening that you aren’t aware of but it’s still running in the background, then you need to have your lawyer on hand to help you out. You don’t want to have to scramble for legal assistance if you can avoid it, so having a lawyer on retainer can help you to address any scary concerns in your new startup as quickly as possible and provide you protection from lawsuits.