TOP 10 REASONS BUSINESS OWNERS SHOULD HAVE A RELATIONSHIP WITH AN ATTORNEY
1. You need properly drafted written agreements containing safeguards to maximize your protection in the event of a dispute.
2. You need to keep abreast of the myriad of governmental regulations you are responsible for complying with and the consequences for failure to do so.
3. By incorporating your business you will eliminate personal liability exposure in the event of a lawsuit and gain tremendous tax advantages.
4. An attorney is aware of the vast number of employment laws you are required to obey with even one part-time employee.
5. An attorney will draw up contractual agreements (e.g. mediation and arbitration) to avoid drawn out litigation and potential for large jury verdicts.
6. You need legal assistance to address situations where a partner wants to leave the business or be bought out.
7. An attorney can identify if you have misclassified workers as independent contractors instead of employees which can result in exorbitant penalties and interest.
8. You will benefit from legal protection against the theft or misappropriation of your company’s intellectual property (ideas, trademarks, trade secrets, copyrights, etc.)
9. You may be unaware of the hidden pitfalls included in office space leases that could, if they arise, substantially increase their cost or lead you into bankruptcy.
10. An attorney can provide an effective plan to collect stale accounts receivables.
For more information, contact the Law Offices of Matthew C. Mullhofer at:
2107 N. Broadway, Suite 103
Santa Ana, CA 92706
Tel: (714) 827-9955
Fax: (714) 827-9966
mcmlaw@protectmyassets.com

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