From incorporating your company to handling contracts with suppliers, running a business involves a lot of paperwork. Figuring out the legalities can be confusing and time-consuming to tackle on your own. A business law attorney can help you create these documents and navigate legal pitfalls so that you can sustain and grow your company. Here are a few reasons why you need one on your side.

Why Every Small Business Needs a Lawyer

1. Contracts

A business law expert can promptly prepare tailored contracts to formalize arrangements with your employees, clients, customers, and suppliers. Your attorney will also ensure you're not at a disadvantage when signing agreements drafted by other parties. Keep in mind that the fine print and terminology used can have a significant impact on your future, so it's best to let a legal specialist draft and analyze it.

2. Licenses & Taxes

A lawyer's knowledge is crucial when you need to secure licenses and permissions from your municipality. Failure to comply with these requirements may have legal consequences and jeopardize your business. 

Similarly, you need a business law specialist to keep track of relevant documents and necessary fees, especially as different ownership structures have varying registration and tax concerns. If your company is still in the planning phase, your attorney can help you choose a business type that suits your goals or circumstances.

3. Intellectual Property or Trade Secrets

To stay in business, you need a legal expert to help protect your intellectual property or trade secrets. If you are in the design or media field, or a similar industry, your lawyer can help secure copyright and trademark protections. At the same time, your lawyer can draft a confidentiality agreement to guard your trade secrets or classified company information.

4. Legal Disputes

It's not unusual for businesses to face legal issues throughout their operations. Having a seasoned business law attorney on your side can help your company successfully handle cases involving disgruntled employees, upset customers, law violations, and environmental issues. In some cases, your legal representative may be able to resolve these issues out of court.

Don't wait for issues to get out of hand before hiring an attorney to help preserve your business. The Law Offices of Bromm, Lindahl, Freeman-Caddy & Lausterer in Wahoo, NE, can provide you with competent legal counsel and representation in several practice areas, including business and real estate law. Call them today at (402) 443-3225 to arrange a meeting. Visit their website to learn more about their capabilities.