Whether you are in the process of creating an LCC, there have been allegations that a partner has breached his or her fiduciary duty, or you require guidance on tax implications, you need to discuss these matters with an experienced Richmond business lawyer. Here at MichieHamlett, we handle everything from mergers and acquisitions to general sales, joint ventures, intellectual property claims, and litigation for a myriad of highly contentious issues, including real estate, construction, fraud, antitrust, and more.
One of the top reasons small businesses never make it off the ground, or crumble within a few years of opening their doors is a lack of a business plan, according to Forbes. Part of the job of a business attorney is to guide clients toward their company’s objectives by establishing structure, policy, and business procedures. Not only do we draft and review all legal documents, tax forms, and contracts, but a skilled business attorney should be able to manage a budget, ensure complete state and federal compliance, and be available for you should disputes arise. Other areas we may be of assistance during business formation include:
According to Forbes, a survey conducted by the National Small Business Association found that small businesses spend at least $12,000 on compliance to state and federal laws. 44 percent of small businesses spent at least 40 hours a year working to comply with federal laws alone. While costly and time-intensive, compliance is a vital part of growing your business. In the long run, careful compliance will save your company significant time and money. Unlike some law firms, which are only there for their clients in terms of putting out fires, we also focus on preventative measures to ensure that your small or large business runs smoothly at all times and avoids violating tax laws and state or federal rules.
All of the careful planning in the world may not be enough to save your business from disputes. Often, these can be resolved through careful negotiation or mediation. In other times, litigation is necessary. A few of the areas of litigation we assist clients with include:
With so much time and energy invested into your business, it is critical that you take every step possible to ensure that it succeeds. Working with an experienced Richmond business lawyer at MichieHamlett can help ensure structure, compliance, long term success, higher profits, and professional conflict resolution through mediation or litigation. Call us today or fill out or online form to set up a free consultation.
