Your business is your passion, your life’s work, your legacy. It’s also an LLC, or something, and has some complicated tax obligations that you don’t really want to think about right now. Yes, the unfortunate reality is that the government, the tax man, lawyers, and all kinds of other people in suits want a chunk of your business, and they’re just waiting for you to trip over some of that red tape so that they can get it.
Here’s the good news: you don’t have to go to law school yourself in order to keep your construction business or bookstore above water. All you have to do is get one of those guys and gals in suits on your side.
Pay someone else to manage the red tape
You already know that outsourcing is a great way to manage your business. You’re the best at what you do, but you’re not an expert in payroll or patient management enterprise software. Why would you be? Luckily, someone else is, so it’s a simple matter of calling someone to take care of patient management (www.solutionreach.com), or payroll, or employee training, or anything else.
Well, it’s the same thing with legal red tape. In fact, it’s absolutely mandatory in this case: you need a lawyer to legally file some of the stuff that you’ll need to get your business up and running and keep it on the right side of the law for years to come.
The right attorney for your industry
Of course, not all lawyers do the same thing. You can’t call up a divorce lawyer and ask him or her to sue someone over a car crash (well, you can, but they will say no). In the same way, you’ll need a different type of lawyer depending on whether you’re trying to turn your medical practice into an LLP or are looking for a medical marijuana dispensary license.
Fortunately, lawyers advertise. So hop on a search engine or open the yellow pages and track down an attorney (or two, so that you can compare rates and ideas before choosing one) who specializes in your particular line of work.
A lawyer can help you in a myriad of ways, from organizing your business legally to advising you on threats to its well-being. Do you need a workplace sexual harassment policy? What kind of benefits are you obligated to give your part-time employees, and how many hours can they work? These are the sorts of questions your lawyer can answer.
No attorney can completely release you from the obligation to, you know, follow the law – but a good one will make the law a whole lot clearer, helping you to comply and saving your business from the dangers that come with poor compliance.