Wednesday, August 15, 2018

Ways a Lawyer Can Help Protect Your Small Business

Do you own a small business? As a business owner, you've likely poured your heart and soul into your business. Here at Gibbons Law Firm, we know how invested you are in your venture and we want to help make sure you have the proper protection for your livelihood. As an experienced business lawyer at the Lake of the Ozarks, we know the ins and outs of running a successful business and having a go-to lawyer on your side is vital. Whether it's a quick legal question about terminating employment or a legal eye to look over your contracts, a lawyer at the Lake of the Ozarks is important for your small business.

Advise You Through the Start Up Process

As you create your small business, it's important to have the proper documentation in place. A number of legal decisions will need to be made as you gear up for your venture. Deciding what type of corporation is the first big decision that will need to be made. A lawyer can help advise you as to which option is the best fit for your unique personal and business situation.

Offer a Legal Eye for Your Documents

As you run your business, you will come across the need for a ton of documentation - even on a daily basis. It's important to have that go-to person to review your legal documents before you or someone else signs them. Any contracts you put together should be reviewed and you should have a legal advisor take a look at any documentation before you sign your name or business name. It's best to have a lawyer look at this kind of document before, instead of asking questions after the fact.

Provide Advise for Employment Agreements

Employment can be a very sensitive subject. Many small businesses will hire on a family member or friend and skip over the formal hiring documentation. Avoid skipping the legal stuff when it comes to hiring employees - even if it is a friend or family member pitching in and helping. Hiring someone is a professional process and should be treated as such with the proper documentation. These documents can help save your business from a potential lawsuit, down the road. Any hiring and firing should be fully documented.

Help Establish an Exit Plan

If you are starting up a business, exiting the business is likely the last thing on your mind. Even if it is years down the road, it's important to put this type of succession plan in place. A lawyer can help you iron out the details as to who will gain ownership, who will carry out the day to day activities, and/or how your succession will play out. It's also important to have documentation in writing for whoever will be taking over down the road. This day may be here before you know it and it's easier to have everything documented ahead of time, especially if the takeover is sudden and unexpected.

Now that you know WHY you should hire a business attorney for your Lake of the Ozarks business, you need to find the right person to represent your venture. Our law firm at the Lake of the Ozarks prides itself on offering sound legal advice for your small business. Contact us today to meet our attorney. Don't forget that your first consultation with our law firm is always free!

Remember, your initial consultation with Gibbons Law Firm is always free.

Your Trusted Legal Resource

Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049
(573) 348-2211

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