posted byBagasian LawJune 1, 2021
Alina Bagasian is one of the best small business lawyers in Los Angeles, as she has a deep understanding of a number of business concepts from business setup to commercial real estate .
Hiring a small business lawyer is critical for protecting your business in the future and for starting your business off on the right foot.
If you are a small business owner or are looking to start a small business, in this article we are going to discuss:
Finding a small business lawyer that can handle numerous types of business law is very important because when starting a business, you will have many legal needs.
One of the first elements of business setup is trademarking or copywriting your business. A business attorney can offer copyright and trademark advice that will help protect your business from the competition.
A trade secret is a form of intellectual property that is vital to the success of a company, such as a recipe or a process, by keeping competitors from replicating the product a business is selling.
Violating a trade secret has legal ramifications. Therefore, a business can sue the violator for any losses that result from the sharing of this trade secret.
Another important role of a business lawyer is formal business incorporation.
Incorporating your business means your business is no longer a sole proprietorship or general partnership and is categorized as its own business entity, separate from the creators or owners of the business.
Some benefits of incorporating your business include:
First, it will help protect your personal assets as corporations limit the liability of business owners, freeing you from the debts and obligations of the corporation.
Second, corporations exist perpetually. In other words, even if they change ownership, the corporation continues to exist.
Third, corporations can deduct business expenses and are taxed differently .
Finally, a business lawyer can help settle future lawsuits and help limit the liability of your business.
Besides the many services, a small business lawyer provides, why is it important to hire a lawyer for your small business?
First and foremost, lawyers not only litigate cases once they arise but also ensure that you don’t find yourself in any legal trouble at all.
By taking the necessary steps to protect your business, such as developing a trademark or writing a nondisclosure agreement, for example, you can avoid legal problems in the first place.
Small business owners are reluctant to hire a lawyer when first getting started because of the cost. But what these business owners seem to forget is that preventing legal trouble might actually cost less than litigating a case once it arises.
When first searching for an attorney, it is important to keep some things in mind.
Look for a small business lawyer that is specialized in numerous areas of business law because you will need a breadth of legal advice, especially when starting a small business.
This will prevent you from having to hire multiple lawyers who each only cover one aspect of the business.
When looking for a good business lawyer, they should be well versed in the following areas:
First are contracts . You will need a business lawyer who can create contracts, such as those between you and your customers, clients, and employers. Additionally, a business lawyer will also need to know how to respond to contracts for business setup and real estate.
Next, you will need a lawyer who can not only help you incorporate your business but also help determine which type of business setup is best for your business, such as an Limited Liability Copmany or partnership.
Speaking of real estate, if you are looking to lease office space or need a space to house your business, it is important to hire a lawyer who is also well versed in real estate law.
Leasing commercial space is expensive and commercial leasing agreements are highly complex. Therefore, it is important to have a business lawyer who understands and who is capable of negotiating these contracts to ensure you are getting the best deal and that your tenant rights are honored.
Your business lawyer should also be well versed in taxes and licenses. For example, your business will be taxed based on how it is registered and an attorney with business knowledge will know how to register your business and understand tax laws.
Finally, it is important that your business lawyer can also guide you through the development of a trademark and copyright protection.
To find a good small business lawyer in Los Angeles, you should ensure that they are well-versed in the information listed above.
When starting or running a small business, having legal representation is essential. A lawyer with both business and legal knowledge can guide you through not only running your business but also setting it up in a way to avoid future legal complications.
An experienced business attorney in various aspects of business law, from contracts to real estate, Alina Bagasian is the right lawyer to represent your small business.
Los Angeles-based lawyer, Alina Bagasian, will provide the best legal services for your business. Possessing an understanding of corporate and commercial business, Alina Bagasian is ready to represent your business and provide you with excellent legal advice.
The Law Offices of Alina Bagasian have achieved 100% client satisfaction, providing clients with unlimited advice.
Get the help you need today!