Indianapolis Business Law Attorney
Unbeknownst to many Indiana small startup businesses, the key to success is understanding that principles of business law attach the first moment the business begins operations. While legal needs may not be great at the embryonic stage, they nevertheless exist.
Business Law Problem Solving For Businesses At Any Stage
Dixon & Moseley, P.C., helps companies make smart decisions about their business no matter how long it’s been operating. For newer businesses especially, there are a host of risks – such as the failure to obtain a trademark, enter into a confidentiality agreement, or other simple and inexpensive legal matters – that, if neglected, can lead to intractable legal problems later. The firm’s team will help you identify the legal risk field and probabilities of encountering a given risk, and make an informed choice whether and how to address it.
The firm also helps your company manage some of the opening basics that you must resolve early in the lifecycle, such as choosing your legal entity structure:
- Sole proprietorship
- Partnership
- Limited liability company (LLC)
- Corporation or professional corporation
These each have different liability and tax consequences. However, once determined and the business is up and operational, the business must always be cognizant routine needs:
- Contract review and negotiation
- Labor law matters
- Confidentiality agreements, covenants not to compete, trade secret agreements
- Threat and management of litigation
- Insuring against foreseeable risks
- Payment of tax
- Complying with safety and security standards
For more mature businesses, the focus on making money and growing the business may take precedence over other management matters, such as an employee or vendor dispute. This may fester and a simple resolution or settlement, which is a cost of doing business, or may turn into a nasty sexual harassment or discrimination suit that could have been mitigated with an effective labor law attorney. The vendor may simply stop providing products or services without notice and choke the life out of the business.
Dixon & Moseley, P.C., Takes Your Business Needs Seriously
The very act of opening a brick and mortar business or establishing an e-business forms some type of legal entity and failure to account for this is the recipe for disaster. A part of any startup business should be consulting with an Indiana business lawyer and setting some budget for legal services from the outset.
The attorneys at Dixon & Moseley, P.C., are always mindful of the cost versus the benefit and partner with business clients to strike the right balance based on their risk aversion. If this approach comports with your expectations for your business counsel, perhaps you should consider working with the firm’s business attorneys. Call 317-350-4108 or send an email using this form to get started.