Business owners face legal questions every day. Are they using enforceable contracts? Should they sign a new commercial lease or break an old one? Is the business in compliance with all local, state, and federal laws? A business lawyer can answer these questions in time. However, there are several significant benefits to taking it to the next level by hiring a general counsel for your company.
Here are a few reasons why.
It’s Easier to Get Affordable Legal Advice When You Need It.
With a general counsel program like ours, you pay a flat monthly fee for telephone, in-person, and electronic consultations with your general counsel. You’ll know who to call when a problem arises without having to worry about unexpected costs at the end of the month.
Hiring a general counsel makes sense when you consider the many times you need legal advice every month. You might need to call an attorney when:
- Your company needs contracts with vendors, suppliers, employees, and more.
- Zoning or real estate issues arise, including negotiating, signing, or terminating a commercial lease.
- Business owners disagree on how to run the company and want to terminate their partnership agreement or close the company.
- It’s time to comply with local, state, and federal laws – some documents and reports are due on a monthly or annual basis.
When you have questions about the law, your general counsel is there.
Your Business Attorney Can Help from Company Formation and Beyond
One of the first decisions a business owner makes is choosing what type of business entity fits their goals. Selecting the wrong entity can cost more in future legal fees. Also, failing to consider all the implications associated with your business structure can be costly.
For example, you might want to start a business while protecting your personal assets. A sole proprietorship is probably not the best choice for you. If you want to protect your assets and have plans for future expansion, a corporation might be better. Pros and cons exist for every business structure: sole proprietorships, limited liability companies (LLC), partnerships, and corporations.
An experienced business lawyer acting as your general counsel can help your company get the right start.
Your Outside General Counsel May Provide a More Objective Viewpoint
An in-house general counsel knows your company. But such in-depth knowledge may cloud their vision, reducing their objectivity. Outside counsel still knows the inner workings of your business but comes at problems from a different perspective.
Familiarity with your unique business culture combines with an objective viewpoint in your general counsel. This adds extra depth to your legal representation.
General Counsel Can Tailor Solutions to Your Company’s Needs
Your attorney can assess your legal concerns and apply appropriate legal standards. All this while keeping a close eye on your company as a whole. Rather than a one-size-fits-all approach, general counsel understands what your business needs and uses experience and training to help you get results.
Call to Discuss How Hiring a General Counsel Can Benefit Your Company
Attorney Richard Sierra at the Florida Small Business Center assists clients like you with business and litigation matters. As always, Our Goal Is to Help You Succeed™. For an appointment, you may call us at 1-866-842-5202 or use the contact form on our website. We represent clients throughout the State of Florida, including Coral Springs, Coconut Creek, Boca Raton, Delray Beach, Pompano Beach, Sunrise, Fort Lauderdale, Miami, West Palm Beach, Jupiter, Deerfield Beach, Stuart, Port St. Lucie, Orlando, Naples, Fort Myers, Sarasota, Tampa, and surrounding communities.