When you're starting a company, it's not just about figuring out your business goals or identifying your USP. You must also consider the legal side of creating a startup, such as what business structure you'll use, how to negotiate key contracts, and how to file patents. While the legalities of running a business may seem overwhelming at first, you shouldn't face the challenges alone. Instead, you should hire a startup attorney as soon as possible.
Here are five reasons why entrepreneurs need attorneys on their side and how our specialist legal team can help you succeed.
1. Legal Advice on Business Structures
You might already know what business structures – such as an LLC or partnership – are available to you, but do you know the pros and cons of each? Every business structure has different legal, tax, and ownership rules, and our team can ensure you understand what's involved in selecting a business type.
2. Support With Other Legal Issues
Choosing the right business structure for your startup is just the beginning. As a business owner, you have various legal responsibilities. An attorney can help you make sense of the applicable laws and how they apply to your business.
For entrepreneurs, attorneys are invaluable educators who give you the knowledge you need to run a legally compliant business.
3. Guidance on IP Protection
From trademarks to design rights, your IP matters. You need a preemptive strategy to protect these valuable business assets in the long term. Attorneys give entrepreneurs the knowledge they need to protect their intellectual property assets and help them protect their brand from copyright infringement.
4. Help in Preventing Lawsuits
If there's one thing every startup wants to avoid, it's a lawsuit. Not only can lawsuits drain your company financially, but they can damage your reputation and deter prospective clients from working with you.
For entrepreneurs like you, attorneys like us can provide the right advice to help you avoid common pitfalls that may lead to lawsuits, such as copyright infringement or wrongful termination.
5. Advice on Contractual Agreements
Contracts can be extremely complex, and you shouldn't sign any document unless it's in your company's interests to do so. An attorney can look over any agreement carefully and ensure you're not signing up to an unfair contract. They can also help you understand how any contract could affect your business.
At Savvy Esquires, our team can advise you on how to handle contractual negotiations so you feel empowered to make the right decision for your startup.
Savvy Esquires Legal Services for Entrepreneurs
Are you an entrepreneur looking for an attorney? Let our experienced legal team support your new business venture. From intellectual property advice to contractual negotiations, our startup attorneys will help ensure you have the legal protections you need to launch and grow your business.
We believe that legal advice should be financially accessible to every business, which is why we offer a transparent fee structure for entrepreneurs, startups and creative professionals. To learn more, submit our contact form or schedule an appointment today.