A business is started not to fail but to succeed. Some books offer marketing strategies, guides, and tutorial. There are even seminars and courses for those who want to engage in business. Still, thousands fail without the proper knowledge of business law.
Preparing your company nowadays is an easy task. You can easily get marketing ideas on the internet. You can research and gather more information easily. You can attend short courses to improve your skills. You can find better and cheaper suppliers on the World Wide Web. You can contact advertisers to promote your product or services.
However, there is one thing you can’t read in books or learn on business courses, which is the legal services of business attorneys. Some marketing and sales books can help you build new strategies, but only business attorneys can give you legal advice concerning your company. If you are building up a new business, you don’t want to mess up in court. Even some of the greatest and the biggest businessmen that failed to seek the counsel of business attorneys, crashed.
Maybe you have the best talent for a particular company, you may have the capital, you may have the workforce, and you may have the knowledge- but business laws can make for a big downfall. Here in California, you have to be aware of certain business laws. California Business law may cover fraud and deceptive practices, contract disputes, refusal of insurance claims, bankruptcy, and the right of the creditor, partnership, and corporate disputes. There are also specific laws for real estate, oil, and gas business and business sales and purchases. Also, you should familiarize yourself with draft and review of contracts and leases, employment contracts and even insurance policies.
These tasks are not for businesspersons but rather for business lawyers that have the wide experience as well as educational background. You should seek legal advice with business lawyers. Though you might not need permanent business attorneys, you can always hire one if you ever need them. You don’t necessarily need an attorney who knows every single law, but rather a marketable business lawyer. This business lawyer must be familiarized with California business law and should know what business you’re into. The business lawyer should not only assist you in court but also give you legal advice whenever you need it.