Many great businesses start with a great idea and the grit to make it happen. While that might be enough to create a solid foundation to this day, it’s not going to be enough for the long-term. Some general advice for all business owners – find a good accountant and a good business lawyer early.
Hiring a lawyer even before the business paperwork has been filed with the Secretary of State might be a good idea depending on the structure of your business. Most attorneys will tell you if you’re being sued, it’s already too late. An experienced business attorney can provide critical assistance in nearly every aspect of the business.
Stanfield and Dupre are well-qualified to handle a variety of services for business owners throughout all points of the business life cycle. You can schedule a consultation with our team and we’ll be happy to clear up any concerns
If you’re interested in some qualifying questions to ask a potential firm, an article in Entrepreneur provided some guidance.
Do you have other clients in my industry? Your attorney should be somewhat familiar with your industry and its legal environment. If not, he or she should be willing to learn the ins and outs of it. Scan your candidate’s bookshelf or magazine rack for copies of the same journals and professional literature that you read. Be wary, however, of attorneys who represent one or more of your competitors. While the legal code of ethics (yes, there is one, believe it or not) requires that your lawyer keep everything you tell him or her strictly confidential, you do not want to risk an accidental leak of sensitive information to a competitor.
The full article is available here: (https://goo.gl/11Rf6C)