Business Formation Lawyer, Virginia
Starting a business is an exciting time. It is something you’ve probably wanted to do for years, and you’ve spent ample time preparing and planning for it. You’re likely aware by now that you can’t “go it alone” and be successful in business. You need to work with suppliers, hire a staff, connect with those who will help you market your venture, etc. As you navigate this exciting and intimidating time of transition surrounding the launch of your business, you’ll also want to connect with an experienced Virginia business formation lawyer. The legal team at Dale Jensen, PLC can help you navigate virtually all of your business-related legal needs both now and moving forward. You may not always know when it makes sense to consult a Virginia business formation lawyer with your questions and concerns. In general, you should feel free to speak up whenever you’re in doubt (as legal challenges are easier to troubleshoot proactively). However, you’ll want to connect with a Virginia business formation lawyer for sure any time you find yourself in the following scenarios:
You Want to Form a Company
Once you get the idea for a new business venture, you may want to take the plunge and get it started. However, there is a lot that goes into creating a business aside from stocking it and spreading the word. One thing you’ll need to consider is forming your company with a viable legal structure can serve many functions as it grows. Depending on the type of business you establish, the legal structure can protect personal assets, create shareholder agreements with investors, and delineate voting rights. An experienced Virginia business formation lawyer can help you choose the structure that best suits your business model and can help you launch your endeavor successfully.
You Need a Contract
Companies rise and fall as a result of contracts. Business contracts come in many forms, including those with vendors, subcontractors, employees and others. Contract law can be confusing, especially when it comes to understanding the legal terms and conditions many contracts contain. Whether you need something reviewed or drafted, an attorney experienced in matters of business law can help. Before you sign anything, you want to make sure it is accurate, enforceable and beneficial to your company.
You Need to Deal With the IRS
Business taxes are influenced by many factors. The way your company is formed, for example, may dictate the tax structure. Business tax reviews are critical, so you can avoid becoming the subject of an audit. If you find yourself dealing with the IRS, a business attorney may be able to help you get through. Communication and documentation are critical when it comes to proving your case with the IRS.
You Need to Hire Staff
There are federal rules and guidelines dictating employment. Anti-discrimination acts, for example, help ensure that people of all races, genders and ages are treated fairly. To avoid being slapped with a discrimination suit, you may want to consider consulting with a Virginia business formation lawyer who knows the ins and outs of hiring laws before you begin staffing your new business. They may also be able to help you create an employee handbook that sets forth expectations the business has for all who work there. This may save you a great deal of time and trouble down the road. Contact Dale Jensen, PLC today.