Entrepreneurs typically consult with attorneys for the following services:
The following are all the legal structures for doing business:
- Sole proprietorship
- C corporation
- S corporation
- Limited liability corporation (LLC)
Protecting your intellectual property from within your company
A company should take steps to ensure that employees do not intentionally or inadvertently reveal confidential and proprietary information about the business to competitors. Typical steps include creating written employee agreements and limiting access to proprietary information.
Complying with all federal, state and local regulations
Of critical importance to any company is complying with all federal, state and local regulations, including obtaining all required licenses or permits before beginning operations. Many of these regulations were set up to ensure that all business aspects are accounted for on various tax rolls. Other requirements were established for safety concerns and to prevent undesirable tactics or outcomes.