What Is Business Law?

Business law is a special branch of law that deals specifically with commercial clients and their legal rights, duties, liabilities, and any sort of business transaction pertaining to trade, sales, commerce, and merchandising. Any business, whether it is a one person eBay seller or a multinational corporation, will find themselves greatly benefiting from the services of an attorney. In fact, every small business should consider hiring an accountant and attorney as soon as possible.
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A great lawyer is equipped to provide vital assistance across a broad range of activities like ensuring basic zoning compliance to copyright and trademarks and onto navigating civil lawsuits. A few other key tasks a lawyer will assist any commercial endeavor or entrepreneur are:
• Explaining legal issues pertaining to forming a specific business. The laws regarding tax registration (city, state, and federal), employee hires, and identification numbers will vary depending upon how you set up your business and in what state.
• Drafting employee agreements and benefit packages. It’s a good idea to both hire an attorney to help you initially draft employee contracts and benefit packages and to keep that attorney on retainer to assist with any legal changes or questions that might occur. For example, if an employee breaks a nondisclosure or non-compliance agreement with your company, an attorney can help remedy the situation.
Don’t wait until something goes wrong to hire a lawyer. Retaining an attorney and getting their help today can save you significantly in the long-term. Looking for an attorney? Contact Blood Law today to schedule your consult.