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.
Belw 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.