Entrepreneurs often describe their businesses as their children into which they pour their hopes, dreams, time, effort, money, and, invariably, their hearts. While there is no doubt that deciding to start or acquire a business requires a leap of faith, it does not have to be a blind leap of faith. Most people view attorneys as problem solvers and a last resort when all else fails. Depending on whom you ask, you may hear that attorneys create problems. In truth, if you involve an attorney in the inception of your business plan, he or she can help identify and avoid many problems, and guide you through other unavoidable issues as they arise. Given the financial and emotional investment required to begin a business, it is worth including an attorney, together with your accountant, banker, and others, as a part of your business team. Below are some of the answers to questions that we at CowanGates PC commonly receive from new or perspective business owners.
In short, the real value an attorney provides is his or her legal advice and experience working with other fledgling businesses. Getting that legal advice up front can help prevent duplicative work and avoid more expensive problems that can arise down the road. As one of my law professors used to say about the reluctance to pay for an attorney—"you can pay me now, or pay me a lot more later."
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Business entity selection – Advising of the advantages and disadvantages of sole proprietorships, partnerships, corporations, limited liability companies,
Business start-ups – Assisting with the intricacies of starting and operating a business.
Contract preparation – Drafting and preparing thorough and legally accurate contracts for any business situation.
Lease, purchase, and sale negotiation – Negotiating the lease, purchase,or sale of land, office space, manufacturing facilities, or retail operations
Employment issues – Employer/employee disputes, employment contracts, employee handbooks, wrongful discharge, harassment and discrimination
Registered agent services – Providing for the receipt of Service of Process, Annual Report preparation, Corporate Minutes preparation, and counsel
Policies and procedures – Assisting with drafting thorough and effective guidelines for any business.
Stockholder agreements – Developing buy/sell agreements and setting parameters for the transfer of ownership within a corporation. Providing
Mergers, acquisitions, and sales – Handling the complex legal issues involved in merging, purchasing, or selling companies or their assets.
CowanGates PC is ready to assist you with all of your business’s legal needs.