[This article was written by Anita Ginsburg.]
You knew you needed a lawyer’s help to set up your small business, but even after you open, the need for a lawyer doesn’t stop. Many small businesses find that they can greatly benefit from having someone well-versed in law to consult with. Lawyers can be a huge asset to businesses no matter how large or small they are. Here are four reasons why small businesses still need lawyers to avoid big complications.
Many small businesses tend to have at least a handful of employees. As much as an owner wants everything to run smoothly, there may be times to where a small business has issues with an employee. There might be accusations of discrimination, unfair labor practice, or an unjust firing. Some employees will go as far as trying to sue their employer for compensation. When this happens, it’s crucial that the small business consults a lawyer. They will represent the business, and the lawyer will try to find a way to handle the dispute in a favorable way.
Commercial Transaction Advisement
Small businesses have a lot of commercial transactions, but sometimes these transactions can get more complicated than they first appeared. If that happens, you might not know how to proceed in certain instances. Fortunately, a corporate lawyer, like those at Carter West, can help them. They can provide them with the advice they need in order to determine how to best proceed. If a small business doesn’t have a lawyer to advise them, they can end up making very costly mistakes.
It’s not uncommon for small businesses to produce and receive a lot of documents. These documents can include employee contracts, agreements with vendors, and financial paperwork. In order to protect them, they need to have a lawyer proof these documents. You don’t want to agree to or find yourself liable for something that could cause terrible repercussions in the future.
Protection Against Complaints
There may be times where a small business will receive some sort of complaint against them. This most often occurs on the local or state level. Once a complaint is filed, the business may have to undergo an investigation. A lawyer can help a small business during this time. They can make sure that the business didn’t violate any laws, and they will do what they can in order to resolve the complaint in a timely manner.
Small businesses often need guidance along the way. Because of this, they can benefit from having a lawyer by their side. Corporate lawyers will provide small business owners with the guidance that they need in order to handle any issues along the way and avoid big complications.
Anita is a freelance writer from Denver, CO. She studied at Colorado State University, and now writes articles about health, business, family and finance. A mother of two, she enjoys traveling with her family whenever she isn’t writing. You can follow her on Twitter @anitaginsburg.