Legal Help With Your Company’s Contracts
A business lawyer is an essential member of your team who helps you avoid costly mistakes while steering you toward the best decisions to help you grow your company. Part of doing this involves drafting and reviewing the contracts necessary to run your business. Partnership Contracts When two or more people decide to go into business together, a partnership contract is essential. This formal, binding document: Working with a business lawyer who can draft and review a partnership contract will prevent vital omissions and vague language from causing potentially insurmountable disputes that force a partnership to dissolve. Employment Contracts Employment …
Three Legal Tips You Need to Start a Business
Advancements in technology such as cloud-based solutions and high-speed mobile data coupled with an ever-growing economy have resulted in a highly competitive job market. The same goes for corporate entrepreneurs as well. Despite these advancements in business technology, there are still a variety of setbacks that can occur when beginning any business venture. Building a solid legal strategy is one of the most important things you can do for your business to ensure all of your bases are covered from the very start. At Heritage Law, LLP, our attorneys help small businesses and entrepreneurs find the right organizational structure to …
Business Formation: What You Need To Know
If you are a business entrepreneur, it is safe to assume you know starting a business or corporation is stressful, entailing a wide array of legal matters that need to be addressed and maintained from the start. Despite all of the hard work that goes into forming a corporation or business from the bottom up, if done correctly, corporate business legal structures provide the most protection from personal liability, a greater ability to raise funds, and many other advantages. At Heritage Law, LLP, we strive to offer our clients a full range of experienced legal counsel on everything from: To …
How to Avoid Common Mistakes Startup Business Owners Make
Starting a business is very complex. You begin with passion and enthusiasm, but red tape and logistical hurdles can turn your dream into a nightmare. While pitfalls can foil the first-time entrepreneur, there are ways you can avoid them. The partners at Heritage Law LLC want to help you keep your business aspirations on track. Understanding the Marketplace Too many Orange County businesses jump into the fire without a solid business plan and research. No matter how good you think your product or service is, there must be a market for it. You need to ask yourself several questions to …
How to Successfully Start a Small Business
Eight out of ten entrepreneurs will have to turn off their business’ lights within the first 18 months of operation, according to Bloomberg. If you’re trying to beat the odds, you’ll need more than just a great idea and enthusiasm to see it through. These are three vital steps to successfully starting your small business. Define Your Goals Are you in this to make money, change the world, or both? Defining your goals and how you plan on achieving them are two vital components you need to establish immediately. If you create a road map, the path to success will …
Why Securing General Counsel is Right for Your Business
Trapeze artists fly through the air with ease, mostly because they’ve made the same maneuvers thousands of times. But they also know that safety nets are always in place. Wouldn’t you want the same protection for your business? Hiring a general counsel for your business is like securing an invisible safety net that can protect your company from a serious fall. These safety nets provide security, reassurance, and the ability to take risks. Here are three reasons your business needs a general counsel and the traits you should look for in an attorney. Knowing Your Business You likely don’t go …
Three Things Your Business Must Do Before Submitting Taxes
The Olympics may still be months away, but the race to get your taxes in on time is rounding the final lap. While your personal tax returns might feel like your top priority, it’s just as important to make sure your business’ paperwork is in order. Here are three things you must do before submitting your business taxes this year. Get Organized Before you fill out a single line on your IRS tax form, collect every receipt that can be considered a business earning or expense. This can entail everything from bistro bills where you took a client (expense) to …