3 Reasons Why You Need To Have A Business Attorney On Retainer As A Small Business Owner

If you are a small business owner, having a business attorney on retainer is a smart business move to make if you are interested in protecting your business and investment. Here are three reasons by knowing who to call when you own a small business is important.

Help You Create A Business Plan

Business attorneys are well-versed in how businesses work and what a business needs in order to succeed. A business attorney can help you write up your business plan and can review any business plan that you draft up to make sure that it is comprehensive enough to cover the needs of your business.

Protecting Your Name

When you create a business, one of the things that many small business owners are most proud of is the name that they come up with. However, before you become attached to a name that you want to call your business, you need to make sure that it is actually available to you. A business attorney can research the name that you want to use and make sure that there are no other businesses that have the name trademarks that would thus prevent you from using that name for your business.

If you really like the name, your business attorney can even get the trademark process rolling for you.

Set Up The Legal Groundwork For Your Business

As a small business owner, you can choose to make your small business into a limited liability company, often known as an LLC, or a legal partnership, or a sole proprietor. Whatever way you want to legally structure your business, your business attorney can draft and file all of that paperwork for you and make sure that your business is set-up legally correct and how you want it. This is important for tax purposes, so you want to make sure that you get a legal expert to look over whatever type of formal business agreement you decide to operate under.

Help You Obtain Permits & Licenses

Navigating all the different permits and licenses, along with the paperwork and documentation that each requires from the local, state, and even the federal government can be quite a maze.

A business attorney can help your small business first determine which permits and license that you need to apply for. From there, they can also help you fill out the applications, file the paperwork and make sure that everything is set up correctly from a legal standpoint.

Make sure that you find a business attorney like Strauss Troy that your small business can partner with to help you set up and grow your business in the right and legally correct direction.