One of the most popular questions regarding any legal matter is “Do I need an attorney for this?” Granted, there are occasions when you may be able to accomplish certain tasks without an attorney’s help, but starting a small business isn’t one of them. The money you spend on experience will save you time and hassle in the long run.
Many small business owners believe they can do most of the work themselves and spend the money they save from not hiring an attorney on their business. However, that kind of behavior will increase your business’ chance of failure. While you may be able to access the necessary documents online, documents downloaded off of the internet may not comply with your state’s laws as all states require different types of documentation.
Documents that you download may also not be appropriate for your type of business. In addition to knowing which documents you need, an attorney can help you include important language in your paperwork. It’s an attorney’s job to interpret forms and documents accurately, and a Phoenix small business lawyer can ensure that you provide the correct information.
Here are 5 things you should discuss with an attorney if you are starting a small business in Arizona:
- What type of business it should be (Corporation, LLC etc.).
- Ownership structure if there is more than one owner.
- Selecting a name for your business that doesn’t violate trademarks.
- Reviewing your business’s lease.
- If you have one or more business partners, have your attorney draft a buy/sell agreement.
A small business attorney can serve several purposes throughout the creation and development of a small business, and it’s important to have a small business attorney at your side to help your business start off on the right foot.
Call JacksonWhite’s Small Business Law Team at (480) 464-1111 to discuss your case today.