How The Right Attorney Can Help Grow Your Business
You want to build a business. This is not a side project or a hobby; it is your life and your work. You want it to be successful, profitable, and it should grow. To cut costs, you are going to do as much as you can yourself. The long days, the weeks that will no longer get broken up by weekends (you’ll likely work straight through them) didn’t deter you from pursuing this.
But never forget that there is a difference between a cost and an investment. Your water and electricity bills are costs. They are the price of admission, the things you need to remain operational. And then there are investments. Investments are worth the expense because you expect a return and potential growth. Allotting some of your money on the right human capital can lead to a positive revenue stream. Good examples of people you should consider working with when starting a business:
- – Marketers
- – Accountants
- – A Lawyer
Why Do I Need An Attorney?
When you ask established businesses if they would rather prevent problems or react to issues as they occur, they are most likely going to side with prevention. Having the right attorney when you begin your business falls under this concept.
You wouldn’t build a house on an inadequate foundation. So don’t establish your business on one either. Choosing the correct business entity protects you and your business. The things you create need to be legally safeguarded, so they don’t get used (or misused) by another business seeking to profit off you and your work.
You can make the best decision when you have the most amount of options. The head of a business doesn’t need to know all the answers, but they must possess the ability to find a solution. Maybe this means you listen to your employees, assess their points, and then choose.
On the different side of the same coin, an attorney accustomed to advising businesses can be an extremely valuable resource. They can potentially offer several solutions from you to choose from.
Perhaps this is your first time creating a business. But by choosing an experienced attorney, you are going to absorb all of her advice. You’re still behind the helm and running the ship. However, you will be doing so armed with more options while fully comprehending the repercussions.
Lastly, when you move forward with an idea, you will have more confidence knowing that you are operating within the confines of the law.
At Maxwell Dunn, we are proud to think of ourselves as a business advisory firm. If you are a small to mid-sized business, we can advise you on how to thrive while operating within the law. Protect yourself while building your business to its potential. Contact us today to schedule your consultation.See all videos