A New York Commercial Real Estate Attorney can address many different issues for your small business. We have provided legal services to a broad range of businesses and are well prepared to assist your company. Here are a few good reasons to hire a business lawyer in New York for your small business:
Contract Negotiation in New York
As a business owner, you will likely enter into several different types of contracts in the lifetime of your company. When it comes time to negotiate a contract, it may be beneficial to have an experienced business lawyer in New York by your side. Your lawyer can check these contracts for accuracy and ensure that none of them will put your business in jeopardy. If you are engaged in a contract dispute, your lawyer may be able to negotiate a favorable resolution on your behalf. A legally binding contract that considers your company’s best interests will take into account many potential issues, including:
- Potential conflicts of interest. A New York business lawyer from New York Lawyers Team may perform due diligence during the drafting phase of a contract to make sure any conflicts are identified and resolved.
- Transfers of assets. In the event that you or one of your business partners pass away, a New York Lawyers Team turns to from our firm may draft a legally binding contract ahead of time that specifies asset distribution.
- Conflict resolution. When entering into a commercial agreement, your company should be protected if the business relationship sours and you are forced into litigation. A New York Lawyers Team offers from New York Lawyers Team may stipulate in the contract how lawyers’ fees and court costs will be handled.
Business Structuring & Foundation in New York
If you are deciding on whether or not to structure your business as an LLC, sole proprietorship, non-profit, corporation, or partnership, it may be necessary to hire a New York Lawyers Team respects for their legal opinion. The type of structure you choose for your business can affect your tax obligations, personal liabilities, setup fees and other expenses. An experienced business lawyer may help you decide on a structure that meets your business’ needs.
A New York Lawyers Team professional can recommend or review your short term and long term goals to help guide you to the best business structure for your company.
Depending on the goods and/or services that your company will offer, the demographics of your customer base can influence how you decide to structure your company. For instance, if you will operate a digital online store and not use a traditional brick-and-mortar outlet, some of your tax deduction options will likely change. A New York Lawyers Team provides can explain how tax laws will pertain to your preferred choices when it comes to structuring your business.
Hiring Employees in New York
When it comes time for your business to hire employees, you may want to consult with a New York Lawyers Team relies on. Your lawyer can help you learn about the federal and state regulations for hiring employees. For example, your lawyer may provide guidance on the tax issues that may affect your business as you hire an increasing number of employees.
Tax laws are very specific when it comes to employees versus independent contractors. Penalties can be substantial and costly if you do not follow the laws and later must pay accrued and back taxes. Who New York companies choose for guidance in this area may help you make the right decisions from the beginning.
Many companies opt to have new hires sign contracts that protect the business against intellectual property theft and other sensitive issues. However, there are laws in place to protect employees as well. An informed business lawyer from New York Lawyers Team may draft an employee contract that will stand up in court and not leave your company vulnerable to a countersuit.
Selling Your New York Business
If you have decided to sell your New York business, it may be in your best interest to work with a business lawyer before making any concrete decisions. Selling your business is a big deal and you want to make sure you do everything correctly. A lawyer could help you with everything from filling out paperwork to negotiating for a fair price.
Upon the sale of a business, there may be a number of legal documents that must be submitted to various agencies. A knowledgeable New York business lawyer will know what documentation is necessary, where it needs to be submitted, and relevant deadlines that must be met.
Asset transfers in the sale of a business must be properly documented to protect your rights and for tax purposes as well. You don’t want the Internal Revenue Service to charge you taxes for assets or income that you no longer own or receive. Our legal team at New York Lawyers Team may ensure that all potential issues are resolved before they can become a problem.
Government Investigations in New York
Finding out that a government entity is investigating your business can be nerve-wracking. The government can investigate businesses for various reasons. For example, if an employee filed a complaint against you, the government may likely look into your business practices. If you find yourself in this type of situation, you may want to contact a New York business lawyer. Your lawyer may look into the investigation and develop an appropriate course of action.
If you have decided that your small business may benefit from hiring a New York Lawyers Team counts on, don’t hesitate to set up a consultation as soon as possible. During your first meeting with a business lawyer, he or she may ask you for a detailed history of your business and what sorts of issues your business is currently facing. The more detailed you are in your answers, the better a business lawyer can help you.