How Can an Attorney Help Your Small Business?
Regardless of the size of your business, you need the sound legal advice of a Knoxville business and commercial law attorney. Large corporations usually have a team of legal staff on hand at all times. Although this may not be necessary for your small business, it is still critical so you can provide protection for your business, your investment, and yourself. Below are three ways an attorney can help your small business.
Protect Your Business from Liability
From contracts to advertising to licensing, your business operates under a tremendous amount of risk. As a business owner, you must comply with the many state and federal laws that are in place or your business will suffer. As a small business, you may also not have the margins to absorb expensive fines, penalties, or lawsuits.
A business law attorney will know how to keep your company in compliance to protect it from unforeseen legal issues. These could include matters involving contractors, employees, copyright and licensing matters, sales practices, marketing and advertising, copyright, and environmental regulations. An attorney can help you during every step and protect your business at every stage.
Help You Maximize Profit
Your goal as a small business owner is to make a profit. To do this, you likely have to draft a number of contracts and you want them to be to your company’s advantage. An attorney will make sure that any contract you enter into is sound, and can also help you enforce the terms. For example, if a supplier has not delivered an order according to the terms in the agreement, or a customer has not paid their balance, a lawyer can help you enforce the contract so you can maximize your profits.
Provide Sound Legal Counsel
The decisions you make regarding your company will have a huge impact on your business. While you may be the expert in your field, you may not understand the local, state, and federal laws that regulate your business or your industry. An attorney with expert knowledge regarding these laws can advise you on the laws and how they impact your company.
For example, even restructuring from a sole proprietorship to a medium-sized limited liability company (LLC) can have significant legal challenges and complications. An attorney who is experienced with commercial law can make sure you can continue to operate your business in the manner you wish, while still protecting it and making sure it is in compliance.
Our Business and Commercial Law Attorney in Knoxville Can Protect Your Business
If you are a small business and do not have legal counsel to protect it, do not hesitate to call our Knoxville business and commercial law attorney. At Atkins Brezina, PLLP, our skilled attorney can advise you of the laws that surround your industry, ensure you comply with them, and protect your business from frivolous lawsuits. Call us now at 865-500-3121 or reach out to us online to schedule a free consultation and to learn more about how we can protect your company.