For Raleigh small business owners, there are a lot of questions that keep their mind running. As a Raleigh small business attorney, I help small business owners navigate these questions. There are a few questions that I hear more often than other questions. In the chance that these questions could help other business owners, I would like to share my experience.
5 common questions Raleigh small business owners ask on a regular basis:
- What Business Entity? There are so many different business entities out there. Which one is right for a specific business? It depends on a few things: growth plans, nature of the business, and business goals. For a small, hobby-based business, a sole proprietorship may be the best fit. However, a company with large growth goals may need to consider setting up as an LLC or a corporation.
- Do I Need Contracts? Yes! In every business, no matter what you do, there should be contract protecting the business and business owner. The type of contracts will vary by business type and by the business owner’s situation.
- What Happens If a Client Doesn’t Pay? This question is a great thing to consider because it will eventually happen. Having an attorney who can help with collections is a great idea, but limiting the need is the best plan.
- Should I Trademark? Again, this question comes down to the business goals. If the business is going to expand and be a nationwide business, then it is a good idea to consider trademarking.
- Do I Need a Lawyer? There are always going to be unknown situations that pop up in business and having a good, Raleigh business attorney is a great idea! It is always good to have a trusted advisor to call.
Are you a small business owner in Raleigh or the surrounding area who needs a legal partner? I would be honored to be part of your business advisory team. Contact me today to set up a time to discuss your business.