3 Reasons Solo Entrepreneurs Need an Attorney Before Starting Business

Starting a new business can be an exciting time, but one that can be full of risk. As a new business owner, it’s easy to make mistakes that could cost you dearly in the future. By hiring an experienced business attorney, you can rest assured that your business is set up and operating the right way from the outset. Here are three big reasons:

1) An Attorney Can Help You Set Up Your Single-Member LLC

A good attorney will not only help you with the legal practicalities of getting the business up and running and drafting an operating agreement tailored to your specific needs, but they will also educate and advise you on how to best use your new LLC to protect yourself and your new business going forward. Trying to take on these tasks by yourself is not advisable, and by hiring an attorney you: 

  • Have the peace of mind that your entire operation is legal
  • Haven’t forgotten to do anything important
  • Have the best grounding from which your business can flourish
  • Have the knowledge and wherewithal to tackle issues with minimal stress without causing damage to your business’s profits or reputation 

2) An Attorney Can Create Solid Contracts for You

A business attorney can assist you with drafting custom contracts to use with your clients that will be tailored to fit your unique business needs. Your attorney will also be on hand to review contracts with vendors prior to signing and give you advice around any issues they believe could potentially cause future problems or include negotiations or amendments that could benefit it. Doing so will leave you feeling confident that you always end up with the very best deals for your business that protect your rights, and secure its continued growth and success going forward. 

3) An Attorney Makes Sure Your Business Is Actually Legal

Making sure that you have set up your business according to the law is crucial. However, an experienced business attorney can be much more specific in their advice and recommendations to not only make sure that your business operates in accordance with the law, but that you have taken advantage of any nuances which could help it run more effectively and productively in the future. A business attorney can both advise and educate you on all of the legal aspects of your new business, and will undoubtedly cover many points that may have eluded you. 

Before you start doing business and before you start doing anything new with your business going forward, the smart choice for every solo entrepreneur is to hire a business attorney to help you make sure that you can actually do what you want to and in the way that you want to do it. 

So make sure you start your business the right way and get in touch with John Espinosa to book your free consultation today

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John Espinosa, Esq.

John Espinosa helps entrepreneurs do business right by providing convenient access to quality legal advice and services, with more than 15 years experience in the legal field from multiple perspectives.

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