Running a business requires lots of expertise, but very few people open a business because they have a love of all things business law related. Fortunately, Business Lawyers in Storrs CT can help and provide a business owner with legal counsel for a wide array of business issues. Before a person thinks they don’t need to hire an attorney, they should keep reading. The following are just a handful of ways business lawyers can help alleviate stress and ensure a business is operating legally.
Business Formation
For a company to legally operate, the owners of the organization must first file the proper paperwork with the Secretary of State. The first step is determining what type of business structure is the most appropriate, as an entrepreneur can choose to incorporate or operate as a sole proprietor. There are advantages to both, and Business Lawyers in Storrs CT will be able to help a business owner select the most appropriate for them.
Business Sale Or Purchase
When the owner of a company decides they want to sell the business, they can quickly become overwhelmed by the process. An attorney will be able to draft the required documentation so the sale of the business can be completed legally, and any liability will be left to the new owner. Trying to transition the assets of a company to another individual can be complicated, but an attorney will be there to help with every step of the process.
Contract Formation
Operating a business requires the use of many contracts. Attempting to run an organization without contractual documents can be detrimental and leave the owner of the business bearing the brunt of the liability involved with completing a transaction. An attorney can help by ensuring a company has the contracts it needs to operate legally and reduce liability.
Rather than getting bogged down in legal issues, many business owners now choose to hire an attorney to help them with legal matters. The team at Kahan Kerensky and Capossela LLP can help companies large and small operate legally and provide them with expert counsel in the event of a serious litigation issue. Contact them today to learn more and take the first step in making any business law matters simple to navigate.
