In this video you will learn what a business lawyer can do for you. First of all you must know what does the term business lawyer mean?
You must have gone to a doctor in your life; there are general practitioners who do the routine checkups of patients in hospitals. However, when you have a serious issue they send you to a specialist. A business lawyer is just like a general practitioner who takes care of 80% of your business affairs and sends you to a specialist for the remaining 20% issues. They are also known as business attorney.
Next thing you need to know is the legal formalities that should be fulfilled to start a business.
Right from the start-up phase you must be clear about all the legal terms such as corporation, LLC, taxes, written agreement with other companies, shareholders agreement, employee’s agreement etc.
Secondly you must be aware of the law of your country as every country has different business laws. You must pick up a place like an office, factory, a warehouse; they will guide you about the landlords, lease and negotiations for the lease in future.
Business lawyer/ business attorney will make you a contract for you and your clients to keep everything clear. It will save you from issues which might pop up in the future. For a serious issue they have specialist in their law firms such a tax lawyer, property lawyer, employment lawyer etc.
