Starting a new business? Here are 7 reasons why you need to hire a Business lawyer

1. Starting a new business? Here are 7 reasons why you need to hire a Business lawyer www.chandsnider.com

2. www.chandsnider.com

3. Starting a business can be challenging and confusing. One has to consider many factors together. Having decided what kind of business one wants to do; the next step would be to determine what type of entity one wants to form. www.chandsnider.com

4. For doing all the necessary paperwork and legal and regulatory compliances, one needs the help of a Business lawyer. Here are 7 reasons why you need a Business lawyer in Toronto at the time of starting a new business. www.chandsnider.com

5. Business Formation –  Deciding on the entity like whether to have a Limited Liability Partnership (LLP), Partnership, Corporation, or Limited Liability Company (LLC), www.chandsnider.com

6. a Business lawyer will help you to decide the most suitable entity for you based on your preferences and legal requirements and the type of business you intend to start. www.chandsnider.com

7. Statutory issues– The business lawyer will help you prepare the required paperwork to make the formation a success. Getting the required license is mandatory only in specific categories of business.  www.chandsnider.com

8. Also, it is different from registration. Getting the application process completed, along with completing the notarization of the copy of the registration is handled by the lawyer, is vital. www.chandsnider.com

9. Legal issues: The business community has never been able to avoid any major legal incidences. This means that the business you are starting is also is not exempted from litigations and lawsuits from associates and customers. www.chandsnider.com

10. Tax issues: Knowing the prevailing tax laws and the obligations the new business might have is critical to the profitability of the business. With a business lawyer by your side, you will feel secure and confident to tackle any issue that might crop up. www.chandsnider.com

11. Copyright and Trademark protection: As a startup business, you need to make your business entity relevant. As the owner of your business, you need to protect your name, logo and brand from rivals and competitors. www.chandsnider.com

12. A business lawyer has the necessary knowledge and expertise to help you obtain copyright and federal trademark from the concerned authorities. www.chandsnider.com

13. Employment Agreements: One of the most critical parts of running a business is human resources. Hiring manpower and getting the employee contract signed is a legal process and therefore a business lawyer will help in drafting employee contract agreements. www.chandsnider.com

14. Finding Office Space: Getting a real estate space may require the help of a business lawyer for the identification and drafting of tenancy agreements on equal terms. www.chandsnider.com

15. Conclusion: Hiring and working with a business lawyer in Toronto is not easy, especially if you have no experience. However, with the right attorney by your side, you can expect to be appropriately guided. www.chandsnider.com

16. The Original Source is Here: https://chandsniderllp.home.blog/2020/01/03/starting-a-new-business-here-are-7-reasons-why-you-need-to-hire-a-business-lawyer/ www.chandsnider.com

17. Chand Snider LLP Phone: 416-583-2377 Fax: 416-583-1844 E-Mail: admin@chandsnider.com Website: www.chandsnider.com Address: 330 Bay Street, Suite 500, Toronto, Ontario, M5H 2S8 www.chandsnider.com