If you own a small business, then chances are you may have an accountant, insurance agent, and maybe even a business mentor to advise you and your business. But what about a business attorneys? Hudson business owners probably won’t need one on a day-to-day basis, but there are times when you should contract with one. For example, one very hot button issue today is the environment and going green with proper business practices. These issues can arise from manufacturing, waste disposal, emissions, and the development of raw materials that can all come from your business if that is the industry you are in.
Business Attorneys for Employee Disputes
There are many occasions when you should consider hiring a business attorney for employee-related issues. When deciding whether to hire employees or use independent contractors, there are very specific laws you must adhere to. A great business attorney is familiar with those laws can help you stay out of trouble with the IRS. Consult an attorney before you hire or fire employees to ensure you don’t put yourself at risk for a discrimination lawsuit. For instance, there are certain questions you cannot ask during an interview, and your attorney can advise you on what these are. With Business attorneys, Hudson business owners will get assistance on many legal matters for all different aspects of their business.
Attorneys Are Important For Negotiating Sales of Businesses
When you buy a business, you should work with an attorney to help with the more complex aspects of the transaction. For instance, a good attorney will understand how to value a business, write acquisition and purchase agreements, perform due diligence, and transfer permits and licenses. Likewise, if you decide to sell a business, an attorney can help you get the most value out of your business, ensure that the stock transfers are done correctly, help vet buyers, and play a role in negotiations on the owner’s behalf. With the help of business Attorneys, Hudson business owners can get a second opinion on a deal about to transpire.
*Disclaimer: The views expressed here are those of the authors and do not necessarily represent or reflect the views of Jhonston & Sasser, P.A*