There might two
peoples any business would require at any given point of time: an accountant
and a lawyer. The biggest reasons for hiring an accountant are pretty evident-you
require an expert to help you clarify your "chart of accounts," read
your numbers sporadically, and formulate all of your important federal, state
and local tax related matter. The reason for hiring a corporate lawyer may not,
however, be so ostensive. A leading business attorney will provide all-needed
assistance in almost every aspect of your business, from basic zoning
compliance and copyright and trademark advice to all-inclusive business
incorporation and proceedings and liability.
In a majority of
cases, businesses consult with commercial
law firms in London that have an extended list of corporate lawyers meant
to provide relevant help in all corporate issues.
Below is the
list of functions where corporate law
firms in London can add value.
1. Business
contracts. You will face the requirement a lawyer who can understand your
business quickly; prepare the general form contracts you will need for
customers, clients and suppliers; and help you respond to contracts that other
people will want you to sign.
2. Business
organizations. You will require a lawyer who can help you pick whether a
corporation or limited liability company (LLC) is the easiest possible way to
manage your business and provide the guidance in preparing the important
paperwork.
3. Real estate.
Leases of commercial space--such as offices and retail stores--are highly
complex and are always recruited to pass the benefit to the landlord. As they are
meant to be "printed form" documents, you may be interested to anticipate
they are not negotiable. Not so. Your lawyer should have an average
"tenant's addendum," including provisions that provide advantage to
you, that can be included to the printed form lease document.
4. Taxes and
licenses. Although your accountant will ready and file your business tax
returns each year, your lawyer must need to know how to register your business
for federal and state tax identification numbers, and state the tax
consequences of the more fundamental business transactions in which your
business will run in.
5. Intellectual
property. If you work in the field of media, design or other creativity-based
business, it is surely an advantage if your lawyer can help you login your
products and services for federal trademark and copyright protection. Generally,
though, these tasks are done by experts who do nothing but "intellectual
property" legal job. If your lawyer says he or she "specializes in
small businesses," then he or she should have a stupendous working link
with one or more intellectual property expert.
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