3 Reasons Why You Need a Lawyer While Setting Up a New Business

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Setting up a new business is a significant step associated with numerous administrative, legal and financial procedures.  Having a competent lawyer by your side is important in order to avoid any complications and mishaps during your new business set-up.

Here are three major reasons why you should consider hiring a business lawyer when establishing a new business venture.

  1. A competent business lawyer will help you choose the right entity for your business. Before starting a business, you have to choose the business entity type that suits your needs. A business lawyer will evaluate your situation and will help you select the right entity – be it a limited liability company (LLC), a limited liability partnership (LLP), a sole proprietorship, or an S corporation.
  2. An attorney will help you protect the intellectual property (IP) of your products or services.

Intellectual property refers to ‘’products of the mind’’, including trademarks, patents and copyrights.

  1. An attorney will review the legal aspects of your company, including agreements, contracts and insurance policies. An experienced business lawyer will help you avoid possible costly business disputes, confusions and legal violations.

For assistance with your new business set-up, contact us at +1 (395) 372-0222 or attorney@kravitzlaw.com

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