Business owners usually put preventative measures in place to protect their business. From pest control to insurance to security systems, companies hope to stop problems before they happen or at least minimize damage if they do. That’s why it’s essential to understand the value of an initial consultation with an attorney. A $250 fee can do a lot for your business.
For example, the cost of fixing a legal issue almost certainly outweighs the cost of addressing it at an initial attorney consultation. You may avoid future problems by understanding the legal issues facing your business.
Using the Right Business Entity
An attorney can help you choose a business structure that meets your needs. Choosing the wrong structure can cause business losses as you pay too much in taxes and administrative costs or lose the asset protection you need.
Reducing the Impact of Contract Disputes
Business owners rely on contracts to memorialize agreements. Contracts also may provide a level of protection against unscrupulous vendors and customers. However, these legally-binding documents must be written and reviewed by your attorney.
Negotiating Commercial Leases
Many companies lease their space instead of buying. Commercial leases can be long and may seem set in stone. However, provisions usually can be negotiated and may put your company in a better position than if you simply sign the lease without obtaining legal advice.
Settling Legal Disagreements
Disputes between business owners and clients, vendors, or employees are common. What may start as a simple disagreement can turn into full-blown, expensive litigation. By talking your situation over with a lawyer, you may be on the road to settling your dispute for a fraction of the cost of filing or defending a lawsuit.
A Few Final Thoughts.
When you pay an initial consultation fee to an attorney, you are paying for experience and training. The $250 you spend on an initial consultation fee may save you thousands of dollars, which seems like a great ROI. When it comes to legal issues, it’s often easier – and less expensive – to stay out of trouble than to get out of trouble. During your initial consultation, you may also start building an attorney-client relationship that’s important to your company’s future.
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 tm. For an appointment, you may call us at 1-866-842-5202 or use the contact form on our website. we represent clients throughout South Florida, including Coral Springs, Coconut Creek, Boca Raton, Delray Beach, Pompano Beach, Sunrise, Fort Lauderdale, Miami, and surrounding communities.