You may have an accountant, insurance agent, or mentor for your company, but do you have a business lawyer Memphis TN trusts? Although you may not require the advice of a business lawyer on a daily basis, there are times when their expertise could be highly valuable.
At Wiseman Bray, a Memphis TN business lawyer may help you in an assortment of scenarios ranging from the incorporation process and creation of contracts, to representing you in any necessary litigation. If you’re not sure when to retain a business lawyer, consider the following reasons:
As a business owner, you will be required to structure your business as a sole proprietorship, partnership, LLC, corporation, or nonprofit. This is one of the most important decisions you will make during the business set up and could affect your personal liabilities, tax obligations, relevant costs, ongoing expenses, and how you legally receive funding. The right business lawyer Memphis TN has to offer may provide you with the guidance and reasoning you need to decide your business structure. Once chosen, he or she may assist in the creation and filing of any affiliated legal documents.
Depending on your business, you may be undecided as to whether or not you should hire employees or use independent contractors. With either, there are specific laws you must adhere to. Likewise, you may also want to consult with a lawyer to determine the legalities associated with the interview process, or familiarize yourself with discrimination and lawsuits. In any case, a business lawyer Memphis TN residents count on should provide you with the advice you’re looking for.
The sale or purchase of a business may include intricate transactions which, if you’re not familiar with them, could pose further issues or even risks. A good business attorney should understand these transactions as well as how to value a company, write an acquisition, transfer permits, etc. Your lawyer may also assist in the sale of your business while ensuring you get the most value from it.
Additional reasons to consider retaining a Memphis TN business lawyer may include: