It is important to have the advice and counsel of an experienced business law attorney to help with the myriad legal aspects that affect a business throughout its lifecycle. The Law Office of Kyran D. Nigro located in Saratoga Springs, NY is dedicated to providing professional, affordable services to all sizes of businesses on a variety of business law areas.
Business law starts with setting up a business. In the eyes of the law, each business is their own legal entity. Starting a new business typically starts with filing the paperwork that makes the business formally exist in the government’s eyes.
Many types of business entities are similar throughout the country. However, the exact entities that a new business can choose from vary by state. The process to file the paperwork to establish the business also varies from state to state.
Business lawyers help decision makers weigh the pros and cons of each entity when they’re starting a business. They help educate the business founders in the law in order to help them choose the entity that’s in their best interests. Then, they help them file the paperwork to formally start the business.
Once a business is up and running, they might need employees. Businesses need legal advice to help them understand how to hire and fire employees. They need to know how to handle employee disputes and discipline. Businesses need to know what they need to offer employees in terms of pay and benefits. There are also mandatory payroll taxes and deductions. Business lawyers educate their clients on the rules and best practices for managing employees.