Top 5 Reasons to Hire a Lawyer: Starting a Business

Welcome to the first segment of “Top 5 Reasons to Hire a Lawyer.” In staying true to the title, this is a periodic, topical blog exploring reasons to hire lawyers. Here’s the Top 5 Reasons to Hire a Lawyer: Starting a Business!

5. Buying an Existing Business

Whether it is your first or tenth time, buying a business is complicated. From advice on whether you should buy to negotiating and executing the sale to closing the deal, a Lawyer plays an important role in ensuring a smooth transaction. Business Lawyers at Yoder, Kraus, and Jessup PC are ready to help you buy the business you’ve always wanted.

4. Entity Creation

Knowing which entity to choose is hard. Despite what you’ve heard, a Limited Liability Company (“LLC”) is not one-size-fits-all. Each business is different and requires a custom-tailored solution.   Lawyers can assist you in identifying, crafting, and maintaining the proper corporate structure.

3. Contracts, Contracts, Contracts

Congratulations, you’ve created a business! Now what? The crux of a business is its contracts: contracts with employers, contracts with landlords, contracts with vendors, even contracts with clients! As a business owner, you will be reading, negotiating, and executing contracts every day. Lawyers at Yoder, Kraus, and Jessup PC are experienced in negotiating, drafting, reviewing, and disputing contracts of all types.

2. Time Management

As any small-business owner can tell you, starting a business requires a significant investment of your time. Hiring a Lawyer to handle the legal work allows you to focus on what matters most—how your business will make money.

1. Peace of Mind

Anything worth doing is worth doing right. This holds true for your business, too. When you use a Lawyer to help you bring your business to life, you are starting your business off on the right foot. What better way to start?

About the Author

Kyle Gough is an Attorney licensed to practice law in Indiana.  His practice is focused on business and corporate law, transactions, elder law, and estate planning. Kyle is prepared to use his knowledge and experience to help you navigate the murky waters of business entity creation. To schedule an appointment with Kyle or any of the Lawyers at Yoder, Kraus & Jessup PC, refer to the contact information below.

A PDF version of this article can be found here.