This article first appeared on Legal Pursuit’s website. Read the article here.
When starting a business, it is important that you understand the different business structures which need to be put into place. Although legal advice is often synonymous with litigation, when starting a business, legal advice is vital in ensuring that your roadmap for your business is outlined and structured correctly. This roadmap includes how your business is structured and the various commercial and corporate documents you need to complete and sign. When viewing these commercial contracts and the legal complexities surrounding the contracts, having an understanding in these corporate structures is a critical skill in business and for any entrepreneur.
For most people in business, it is not common to have a thorough understanding in these legalities, and thus it is vital that when starting a business that legal advice is sought out.
Click here to Sign Up for a Legal Pursuit Membership to receive reduced rates on any of the services below.
The unfortunate reality is that access to commercial legal advice is restricted to a labour firm or employing your own legal counsel, and assistance setting up your brand is often costly; which are problematic, especially when it comes to costing structures which are inflexible. Traditional firms and legal counsels in this case have their services and advice charged on a time basis at the attorney’s hourly rate. This is problematic for SMEs, especially when cash flow is tight.
At Legal Pursuit, we believe that every business needs the right tools, at the right price, to ensure success without the cost of such negatively affecting business.
Become a member today and receive reduced costs on all commercial documents, as well as a FREE 30-minute consultation with an admitted commercial attorney who can outline the key areas your business needs. Becoming a member ensures you have access to your benefits immediately – see your benefits here.