Running a successful business requires more than just providing a product or service that customers love. To thrive, you need to abide by industry-specific regulations while also following general business law statutes. This will limit liability, mitigate potential disputes, and facilitate operations. But at what point should business owners consult with an attorney, and what can they expect when they do? Here, the knowledgeable team at the Law Offices of Rueben S. F. Wong in Honolulu, HI, explains how they help both local startups and established companies. 

If You’re Starting a Business

Those who want to open a business should consult with an attorney early in the developmental stages. A seasoned lawyer can assist with virtually every aspect of founding a company. From ensuring zoning laws will not inhibit operations to selecting the best business organization for the company, an attorney will handle all the logistics, so you can focus on the product. 

If You’re Buying or Selling a Business

Entrepreneurs should always consult with a business law attorney when attempting to buy or sell a company. To protect their clients’ best interests, seasoned lawyers will perform due diligence, review all contracts line by line, and request modifications as needed. They can also assist with mergers, acquisitions, and succession planning. 

If You’re Managing a Business 

Legal disputes are common across all industries. From breaches of contract to landlord and tenant disagreements, issues that arise over the course of doing business can ultimately affect a company's profitability. Those who consult with an attorney from the start can take steps to mitigate some of the most common disputes. Otherwise, you can call on a seasoned lawyer for help if an issue does arise. 

If you need a business law attorney in Hawaii, turn to the Law Offices of Reuben S. F. Wong. This firm has provided legal counsel since 1964 to protect their clients’ financial security. They assist with everything from estate planning and wealth preservation to contract disputes and property sales. Visit the website to explore all their areas of expertise, and call (808) 531-3526 to schedule a free initial consultation today.