Starting a new business provides an opportunity to realize your dreams and to be your own boss. However, sometimes you will find yourself still needing someone to turn to with legal questions related to your operations. The following guide explores how an attorney can help guide you through some of the challenges of owning your own company.

4 Reasons to Hire an Attorney to Help You Launch Your Business

1. Writing Legally Enforceable Contracts

There will be many situations in which you will need a written contract that establishes your partnership with other businesses. You may need to create agreements with vendors and other suppliers in addition to crafting employment contracts.

You’ll also need to sign other types of contracts, such as lease agreements, as you physically construct your business. Your attorney can help you look out for your own interests as you pursue these business relationships.

2. Obtaining Licenses & Permits

Since you’re not an expert in business law, you may not be aware of the various types of licenses, permits, and registrations you’ll need to operate your business.

Your lawyer will know what you’ll need to legitimately operate your business in your community, so you won’t face fees and penalties down the road.

3. Handling Issues of Liability 

You’ll also have to ensure your business is protected against a variety of civil lawsuits. You may be subjected to a personal injury claim by a customer, or one of your employees may file a worker’s compensation claim.

These are just two types of liability coverage you will need to maintain. Your lawyer can help you ensure you have all of the coverage you need, so your business won’t be compromised as the result of legal action.

4. Meeting Your Tax Obligations

Finally, your business will be responsible for paying taxes on the income your business generates. Depending on the nature of your operation, you may also have to pay sales, property, and other types of taxes. A lawyer can help you ensure you meet these obligations and may be able to help you benefit from business tax breaks.

 

As you get your business up and running, you’ll be surprised by just how often the services of your attorney are required. By working with the legal team at Cada, Cada & Jewson in Lincoln, NE, you can ensure your business meets all of the legal obligations required of it. To schedule a consultation, call (402) 477-2233. Visit them online to learn more about their practice areas.