Whether you are running a company or thinking about setting one up, you will need to hire a qualified business lawyer who can help you with any legal task. Creating a company is something that requires a lot of planning, and requires you to comply with a whole range of different laws. When you have established and are running a business, there are laws that govern every aspect of how the company operates.
Setting Up The Business
Establishing a new business requires that you comply with a variety of different laws. These can include regarding the premises that you are going to occupy, the rights of the employees that are going to be working for you, as well as how your business can operate on a day-to-day basis without violating the law.
Before you think about getting your business off the ground, you need to sit down with solicitors in dorking in order to go through every aspect of the business creation process from a legal perspective. They will be able to advise you about how to do everything in the correct way. This will speed up the business creation process and will ensure that you are not breaching any regulations.
The lawyer will help to form a limited company. They will also give you advice about creating partnership agreements with other people who are setting up the business alongside you. Lawyers will also be able to guide you when you are becoming a sole trader who is self-employed.
Running The Business
Running a business requires you to be aware of a range of different legal issues so that you don’t come into conflict with the law. Lawyers can advise you about how you can accept new partners for your business, as well as how you can issue new shares to people who are interested in becoming shareholders. A qualified business lawyer will also advise you about the process that you need to follow when you are hiring a new director to the board.
Buying Or Selling
There may come a time that you want to sell your own business or buy another one. This is governed by a set of laws which ensure that due diligence is carried out by both sides. A lawyer will be able to create the sale and purchase agreement in order for the transaction to be completed successfully. A lawyer can also offer advice about any complications which arise as a result of the sale or the purchase.
Disputes
Disputes can derail a business because it is a very time-consuming process when energy could be spent on other aspects of the company. One common dispute is if one business is in debt to another and cannot pay the money back. Sometimes business partners have disputes which need to be resolved with the help of a lawyer. Shareholders and directors can also come into conflict with the owners of the business.
Hiring a highly-skilled lawyer will help you to navigate legal issues in any aspect of your business.
