Whether you are interested in forming a new business or you have a specific question about running your business, enlisting the guidance of a business law attorney is a great idea. Investing some time and resources into setting your business up for success can save you from costly legal battles in the future. You’ll want to make sure that you select an attorney who understands the unique needs of your business and who can anticipate any future challenges by putting the necessary protections in place. Before you get to work, here are four important questions that you should ask your business attorney to determine whether they will best serve your needs.
1. “What types of businesses have you worked with?”
Although there are a few basic needs that all businesses have, each business has its own unique goals. If you are interested in forming a startup, make sure that your attorney has served startup clients before. If you are a small business, ask your attorney how they typically serve businesses like yours. Get a sense of how many businesses the attorney has worked with and whether they have experience serving the needs of companies with needs similar to yours.
2. “What business structure would you recommend?”
Choosing the right entity for your business can be challenging, especially if you are unfamiliar with the nuances of each type. Ask your attorney which business structure would best suit your needs, and ask them to explain their reasoning. Make sure the lawyer addresses your specific questions and communicates clearly and effectively.
3. “How can I best protect my business?”
Ask your attorney what steps they would take to protect your business and minimize risk. They may discuss strategies such as selecting the appropriate entity, obtaining comprehensive insurance, establishing clear employment policies, and more. Listen carefully to their responses to determine whether their recommendations sound reasonable and sufficient.
4. “How do you communicate with your clients?”
When you decide to move forward with a business attorney, you’ll want a basic understanding of their communication style. Do they check in with you regularly via email or phone? If you contact them, when can you expect a response? Make sure you feel comfortable with their level and style of communication before you get to work.
To discuss the needs of your Colorado business, contact Judex Law LLC today at (303) 523-4022 to speak to a dedicated Broomfield business attorney.