Amid securing capital and crafting your business plan, when you run a startup, you have a host of vital responsibilities to tackle. While you may be pressed for time, finding a suitable lawyer to help with general business matters during the earliest stages will streamline the process. From commercial leases to permits, your attorney ensures you don’t face any legal setbacks along the way.
Finding the Right Attorney & How They Can Help
The Right Fit
While you may have a few lawyers in your social network, you should choose an attorney who specializes in working with startups. If possible, find one with expertise in your industry, whether that’s tech or retail. You also want to get along well with whomever you choose, as you will be working closely with this person.
What They Do
Startup lawyers are crucial at various stages in the business development process. In the beginning, your attorney helps to secure permits and location, form your entity, and hire employees. Down the road, they can help with other general business matters, such as negotiating contracts with suppliers and customers, collections, establishing license agreements, and raising capital.
Cost & Benefit Analysis
Your lawyer will work on an hourly rate. Experience is the key in making the hiring decision – a more skilled and experienced attorney may charge a hire rate, but the time spent on a project will be accomplished more quicker and more in depth. Ultimately, working with a qualified professional will save you money by helping you anticipate issues and avoid legal complications.
In the earliest stages of a startup, one misstep can cost you your entire company. For quality management of general business matters in Wisconsin Rapids, WI, consult with Alan A. Panek Law Office, S.C. The general practice law firm has experience helping a range of clients, including small businesses. To find out how they can help, call today at (715) 421-4900. To learn more about the lawyers, visit the website.