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When Do I Need A Business Attorney
For My Small Business?

By Kelly Bagla

Every business owner asks this question and never really gets an answer. Here is when you should hire a business attorney:

1. Contracts. You will need an attorney who can understand your business quickly; prepare the contracts you will need with customers, clients and suppliers; and help you respond to contracts that other people will want you to sign.

2. Business organizations. You will need an attorney who can help you decide whether a corporation or limited liability company (LLC) is the better way to organize your business, and prepare the necessary paperwork.

3. Real Estate. Leases of commercial space, such as offices and retail stores, are highly complex and are always drafted to benefit the landlord. Because they tend to be "printed form" documents, you may be tempted to think they are not negotiable. Not so. Your attorney should have a standard "tenant's addendum," containing provisions that benefit you, that can be added to the printed form lease document.

4. Intellectual Property. If you are creating a brand for your company or you would like to sell you business at some point, it is certainly a "plus" if your attorney can help you register your logos and services for federal trademark and copyright protection.

There are many other reasons for a small business to hire an attorney so remember, Bagla Law is always there to help you with your business needs because You Know Your Business – We Know the Law!

If you have any questions please feel free to give us a call.

Talk with you next month,
Kelly

"...Make sure that your business is safe, secure, and protected..."
Newsletters
Materials on this website have been prepared by Bagla Law Firm for informational purposes only and do not constitute a solicitation or legal advice. Transmission of the materials and information contained herein is not intended to create an attorney-client relationship. Bagla Law Firm expressly disclaims all liability in respect to actions taken or not taken based on any of the content of this website.
Copyright © Bagla Law Firm, 2016. All Rights Reserved.
Bagla Law Firm - You Know Your Business, We Know the Law
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Self-Drafted Contracts = Litigation
By Kelly Bagla

When I speak with many business owners, I am often surprised to hear that they draft their own contracts. When I ask them why they didn't hire an attorney, the answer I often receive is that they are trying to save money. However, this practice is very risky, especially since a contract is a legal document binding you and another party to certain obligations. When you're a small business owner, making one mistake in drafting a contract could result in someone suing you for a lot more than it would have cost you to hire an attorney.

Business owners who draft their own contracts are one step away from litigation. You may know your business but you don't know the law. Simply using certain words or not defining certain terms could result in you ending up in court.

By using an attorney, you could avoid disputes, especially when it comes to payment terms between the parties. The most common terms that are disputed are about payment. How much is owed? When is it due? What happens if the payment is not made on time? Is the payment contingent on any factors? Everything must be spelled out in detail and nothing should be assumed.

Owning and operating a business is an investment. It is an investment of your time, your money, and your passion. While many business owners don't always see legal services as tangible, it is wise to make sure that your business is safe, secure, and protected so that no one else can collect on your hard-earned returns.

Please contact us if we can help you avoid these issues. You know your business — we know the law.

Talk with you next month,
Kelly




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(760) 525-4540
Kelly@BaglaLaw.com
5205 Avenida Encinas, Suite A
Carlsbad, CA 92008


Materials on this website have been prepared by Bagla Law Firm for informational purposes only and do not constitute a solicitation or legal advice. Transmission of the materials and information contained herein is not intended to create an attorney-client relationship. Bagla Law Firm expressly disclaims all liability in respect to actions taken or not taken based on any of the content of this website.
Copyright © Bagla Law Firm, 2016. All Rights Reserved.