Why You Should Hire an Attorney to Review Your Business Plans

Starting a business is an exciting time for an entrepreneur. It is often the result of years of planning and research, as well as seizing opportunities and taking risks, and a little bit of luck. After expending all that time and effort laying the groundwork to start a new company, don’t let legal issues get in your way. Here are some reasons why you should hire an attorney to review your business plans.

Establishing Structure

One of the first things you need to decide is the structure of your company.  An attorney can review your business plans and help you establish whether your company should be a limited liability company (LLC), a corporation, or even a partnership.  Depending on you and your new business’s needs will determine what structure the company should be.  

A skilled business attorney can help you navigate this process and advise you of the various business structures available to you. Taking the necessary steps when starting a business can give you peace of mind and confidence as you grow your company.

Hiring Employees & Adding Partners or Members to Your Company

A lawyer can review your business plans and assist with adding partners or members while advising you on hiring employees.  When hiring new employees, there are federal and state laws that you need to abide by when interviewing, hiring, and if needed, firing.

If you are bringing on a business partner or member to your company, it is best practice to put agreements in place in the beginning, so everyone understands the expectations. Should disagreements arise, a well-drafted agreement will give all parties the peace of mind knowing their assets and reputations are protected.   

Reviewing Contracts

In addition to reviewing agreements pertaining to partners and new employees, as a business owner, you will want to have an attorney look over your client contracts so that you can best protect your company. As you are starting a new business, every dollar matters and the agreements between you and your clients will ensure payment under the terms of the contract.

Bonaquist | Allen Law

If you are starting a new business in Southwest Florida and need a business attorney – trust Bonaquist | Allen Law.

With over 40 years of experience in business law, Bonaquist | Allen is the firm you can trust for your start-up’s needs. The firm has vast experience in the structural formation of various corporations, partner negotiations, and employee contracts, as well as reviewing contracts for businesses of all sizes.

Whether you are starting a new business or need an attorney to review the business needs of your existing company, hire Bonaquist | Allen. Our firm understands and cares about the success of your business which is why the firm takes pride in its accessibility, always treating you and your company as a top priority. Whether you’d like a preliminary consultation or ongoing advising, our team is here to help.

Our attorneys are active in the Southwest Florida community and sit on numerous boards throughout Naples including the Collier County Bar Association, Collier Building Industry Association, the Leadership Collier Foundation, and The Florida Justice Association – just to name a few. If you are looking for a business attorney in Naples, Florida, trust Bonaquist | Allen. Contact our office today at 239-276-7127or by visiting bonaquistallenlaw.com.