Should I consult an attorney before starting a small business?

Thursday, June 29th, 2023

Choosing the right legal structure for your small business is an important first step. An attorney can explain the different options to you such as sole proprietorship, partnership, corporation, or an LLC, and help you select the best structure based on facts like liability protection, tax implications, management structure, and future growth.

Additionally, an attorney can assist with the necessary legal documents and processes involved in setting up your business. An attorney can draft and file formation documents that establish the legal foundation and structure of your business.

Establishing a relationship with an attorney early on can provide ongoing legal support as your business grows and faces new challenges. An attorney can advise you on contract negotiations, lease agreements, legal disputes, or any other issues that may arise.

At Sell Griffin McLain, it is our mission to help new business owners make informed decisions that protect their interests and minimize potential risks. Consulting with an attorney regarding topics such as legal structure, business registration, contracts and agreements, and liability and risk management can provide valuable legal insights and help you establish a solid foundation for your venture.