A Guide to Hiring a Small Business Attorney
A small business attorney is needed in every small business enterprise. Such requirements includes the process of starting and registering s business, thus the need for a small business attorney. Below are the pros of employing a small business attorney to any business.
When it comes to dealing with taxes, many businesses are faced with challenges. Most businesses fail to do their taxes within the tax window provided by the state, thus end up paying penalties due to late tax remittance. Since the attorney has the necessary experience when it comes to dealing with financial taxes, the business owner gets an assurance that no mistakes can happen when remitting taxes. The attorney represents the business to the external auditors.
Whenever a company wants to start trading online, the attorney helps in the process of establishing one line trading. If a business wishes to trade online, the attorney establishes the requirements for online trading, as well as ensuring that all the requirements are met before the company starts trading online. If a business starts trading online without having met all the requirements, it can be faced with lawsuits for not meeting the requirements.
The business owner may wish to incorporate the business to have personal assets attached to the business protected. The process of incorporating a business requires the attention of the business attorneys, so as to offer guidance and legal representation where necessary. Small business attorney offers guidance and advise such as how the business owner benefits by incorporating a business.
Another benefit of hiring a small business attorney is that the attorney represents the business in a court of law if there are any lawsuits filed against the company. Also, when a company is entering into an agreement with a client, the SBA drafts, explains and signs the contract on behalf of the company. An SBA is also expected to sign the contract with service providers or vendors of the company.
How can a business find a good small business attorney?
Find out the level of attorney’s experience. How long has the attorney served in the field of representing the businesses. Look at qualifications of the attorney and the attorney’s areas of expertise; e.g. taxes, business registration, etc.
To be able to get more details regarding the attorney, ask the attorneys you have already established to send their portfolios for perusal and consideration. From the portfolio provided, you cab be able to get the kind of services the SBA offers, as well as a list of clients the SBA has previously worked with. Reach a few of the referees provided in the portfolio to get more information on the kind of services offered as well as their areas pf expertise.
Ensure the SBA is licensed to practice and registered by the relevant authority. n agreement is vital to allow the attorney legally represent the business.