Whether you are looking to fund your next startup or you have an existing business that is well on its way to financial success, it is always a good idea to work with an experienced business attorney who can provide you with valuable advice and legal representation. Especially in California’s ever-changing business climate, having a lawyer is a necessity. That is why the Los Angeles business attorneys at Structure Law Group are here to help your business reach its full potential.
Four Ways Structure Law Group, LLP Can Help Your Los Angeles Start-Up
Some business owners look at hiring an attorney as an unnecessary expense. But the reality is that every business has to deal with legal issues on a daily basis. And you will be in a much stronger position if you have an experienced attorney at your side.
Here are just a few reasons why your Los Angeles business needs an attorney:
Deciding on a Corporate Form
It is exciting to decide to start a new business. But that decision triggers many legal decisions. One of the first legal questions you will face is: What type of legal entity will best suit my new business?
In California there are a number of options including an S-corporation, a C-corporation, limited liability company, and limited and general partnerships, just to name some of your options. Making the wrong choice at this initial stage can significantly hobble your business down the line or unnecessarily expose owners to liability.
Drafting and Enforcing Contracts
We no longer live in an age where business is done “with a handshake.” Any agreement affecting your business needs to be in writing. Written contracts need not be complicated, but they do need to conform to certain California laws and regulatory requirements to be enforceable. SLG attorneys can not only assist you with drafting contracts but also by enforcing them when necessary against a potential or actual breach.
Start-Up and Growth Funding
You may have the next billion-dollar idea, but you will still need startup financing to get that idea off the ground. Our attorneys understand how to proactively develop a strategic plan and business structure designed to attract venture capital, private equity, and business loans. More importantly, we can advise you on how to deal with regulatory and other legal issues as your business continues to grow.
Start-up founders often do most of the initial work themselves or with a small team. But as the business takes off, hiring additional employees becomes an inevitability. This also brings a host of additional legal and regulatory requirements. Our business attorneys can help ensure you comply with California labor laws and work to resolve employee disputes as they arise.
Our Los Angeles Business Attorneys Are Ready to Advise You
You should never look at hiring a business attorney as an extravagance or an unnecessary expense. Rather, it is a key investment in the present and future success of your venture. If you would like to learn more about how our team of Los Angeles business attorneys can advise and assist your business, call SLG today at (310) 818-7500 or contact us online to schedule a consultation.