4 Times You’ll Need a Business Attorney for Your Business

Imagine the time and energies you spend on building a business from the ground up. The last thing you want in the world is for a single lawsuit to wipe out everything you worked hard for. That’s why it pays to hire a business attorney in Jacksonville to help you run your business. Read on for other equally excellent reasons to make this move.

You want to change the structure of your business

If you’ve always operated your business as a non-profit group but now want to take steps to switch to a sole proprietorship, you’ll need legal help to make that happen. You also have other options you can choose from. Whatever you decide, though, will influence your setup fees, ongoing expenses, tax obligations and more. With a lawyer to guide you, it’ll be easier to choose the right structure for your business.

You have employee issues

Thinking about expanding your business and taking on independent contractors? There are laws for that. You’ll need to hear from an experienced business attorney in Jacksonville on what you’ll need to do to comply with the rules so you won’t have find yourself in hot water with the IRS.

You’re dealing with legal documents

If you want to check your new lease contract for pitfalls, a business lawyer can help you, The Balance says. That also applies if you’re drafting or negotiating a contract. Your lawyer will carefully review those documents to make sure there aren’t any clauses or conditions that may prove problematic for you later on.

You’re selling your business

If you’ve hit your retirement years and want to start exploring the world beyond your office, then getting a lawyer to help you through the sale of your business is a smart move. Your lawyer can help you understand the true value of your business and that’s going to help you negotiate a better offer.