When to See a Lawyer
When it comes to certain legal matters, you don't want to go it alone.
Often it's smart to consult with an attorney. Here are a fewexamples:
- Written agreements: Do your lease agreements andpurchase contracts indicate the specific duties and expectations ofeach party?
- Licensing and ordinances: Do you need to be licensed orbonded? Is liability insurance required?
- Business structure: Should you incorporate or stay asole proprietorship?
- Employer-employee relations: Are you familiar with thelaws that govern hiring employees? Do you need an employeehandbook?
- Partnerships: If you don't have a partnershipagreement in place, you could lose your business.
Don't be penny-wise and pound-foolish when it comes to yourbusiness's future. A little legal advice can go a long way.
Excerpted from Get Smart: 365 Tips To Boost Your EntrepreneurialIQ
