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Why You Need a Lawyer for Your Small Business

14 Mar 2019 Legal Services

Understanding why you need a lawyer for your small business can help ensure that you hire the right business lawyer before it is too late. At Linley Welwood, they want to help you protect your small business from potential lawsuits and clerical errors. That is why their team of business lawyers are trained to handle all types of business-related issues and lawsuits.

How a Lawyer Can Help with a Small Business

While many legal issues may not be of immediate concern to a small business owner, there are many ways that a business lawyer can help ensure your business thrives, such as:

Business Formation

Since some of the most important legal matters need to be handled when a business is first formed, hiring a business lawyer to help with the incorporation process can ensure that your business starts out on the right foot.

Intellectual Property

Many businesses have some form of intellectual property that should be protected by copyright, such as the devices, creations, blueprints, etc. Hiring a business lawyer to assist with the necessary copyright, patent, and trademark registrations will ensure that all of your business’ important aspects are being properly protected.

Privacy Policy

Businesses that require a privacy policy to ensure that all personally identifiable patient, client, or customer information remains confidential can hire a business lawyer to make sure that all important information is protected to the highest standards.

Employment Agreements

While many businesses tend to start as a single-person operation, many small businesses require more employees to be hired over time. A lawyer will be able to help a small business owner draft the appropriate employment agreements, such as non-disclosure agreements, employment contracts for a specific duration, and non-compete agreements.

Defamation

Since small businesses rely on their reputation, one bad review can be devasting to a small business’ growth. A business lawyer will be able to help by getting a court order to take down the defamatory online posts or by sending a cease and desist letter.

Exit Strategies

Similar to how a business lawyer can help with the formation of a business, they can also help develop policies regarding the end of the business. This can include plans that allow for the business to close or for partners to buy out another partner’s share in the business.

If you would like to learn more about why you need a lawyer for your small business, or if you are interested in one of their legal services for small businesses, please contact Linley Welwood at 604-850-6640 or by filling out a contact form on their website.