As a business owner, you face many legal issues that are challenging to understand, let alone tackle on your own. Whether you are just forming a business or trying to draft contracts for vendors or independent contractors, nearly any action you take could have legal ramifications for your business if not done properly. It is for this reason that you should enlist the help of an Akron commercial law attorney who can help you through these legal hurdles, so you can get on with running your business.
Sole proprietorships have different needs than partnerships, and you will need to form a legal entity that fits your needs. Selecting the right type of business entity will protect you from personal liability if your company gets into debt, and can also offer many tax protections. If new owners are added to the business, past owners are bought out, or a partner dies or gets divorced, these will all also affect the entity.
Forming a company involves much more than simply filing a document with the Secretary of State. When a company has taken additional steps and has been properly formed, it is easy to tackle these issues. A commercial law attorney in Akron can help explain the pros and cons of the different types of entities, and how they apply to your business.
There are many contracts involved in the world of business including employment contracts, non-compete contracts, confidentiality agreements, and more. When these are not drafted properly, it leaves your company open to liability claims or could result in your company not being paid for products or services. You could also end up doing endless additional work without compensation. It is crucial that an experienced commercial law attorney helps you draft these important documents.
It is likely not something you want to think about, but there may come a point when you find your business in the middle of litigation. You may have to sue someone for breach of contract, which is one of the most common business disputes. If a customer or someone else refuses to pay, you may also have to sue them to recoup your payment. Other times, someone may file a lawsuit against you, such as if a customer became injured due to an accident while they were on your property. A corporate attorney can help with any litigation issues that arise.
Whether you are trying to manage the day-to-day operations of your company or drafting confidentiality agreements for your employees, there is a lot to think about. When it comes to legal issues, one small misstep could have a negative impact on the business, or even you personally. It is for this reason that it is so important you have the help of a commercial law attorney in Akron.
If you are a business owner, contact Niekamp, Weisensell, Mutersbaugh & Mastrantonio, LLP today. We have the necessary business and legal knowledge to represent you in any legal issue and get you the best results possible. We have the necessary experience to make sure business owners are protected, and we will put that experience to work for you. Call us today or fill out our online form for your confidential free consultation.
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