A small business attorney is needed in every small business enterprise. Staring a business as well as having it registered is sometimes a challenging process, thus the need for a small business attorney, to handle the process. A small business attorney benefits the business in the following ways.
The process of handling taxes for any business is always a challenging task. Most businesses fail to do their taxes within the tax window provided by the state, thus end up paying penalties due to late tax remittance. Businesses attorneys have a broad knowledge of dealing with financial taxes, and helps avoid making wrong returns when submitting taxes. The attorney represents the business to the external auditors.
Small business attorney also helps with starting of an E-business. The attorney gathers all the online trading requirements and ensures that the company has met all the necessary qualifications. While trading online, a business with little know how can overlook several issues and requirements, and end up facing lawsuits for breaking the rules.
There are private businesses that wish to be incorporated so as to change its entity from private ownership to a corporate, and protect the assets of the owner. During this process, an SBA is required to offer legal assistance as well as facilitate the process of having the business incorporated. Small business attorney offers guidance and advise such as how the business owner benefits by incorporating a business.
SBA acts as the company’s lawyer by representing the company in a court of law in cases of a law suit. Also, when a company is entering into an agreement with a client, the SBA drafts, explains and signs the contract on behalf of the company. Not only the clients, the attorney also represents the company to the vendors or suppliers of different company requirements.
Here are also tips for finding good small business attorney.
Find out the level of attorney’s experience. How many ears has the attorney represented other businesses? Ensure theta the SBA is qualified and find out the areas the attorney has qualified to handle.
Once you establish a few SBA, contact them to forward their company or personal profile, for reviews and considerations. From the portfolio provided, you cab be able to get the kind of services the SBA offers, as well as a list of clients the SBA has previously worked with. Reach a few of the referees provided in the portfolio to get more information on the kind of services offered as well as their areas pf expertise.
Ensure the SBA is licensed to practice and registered by the relevant authority. Enter into a legal contract with the attorney to show that the SBA has been given the mandate of representing your business.