It’s a word that makes many business owners cringe. While you’re laser-focused on starting and growing your business, the last thing you want to do is to try to wrap your mind around legal process and documentation.
To the uninitiated, it can literally make your head hurt.
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That’s where a business attorney comes in. Take it from Matthew Shendell, founder and CEO of Founded in 2008, Paige is a New York City-based hospitality management company that operates seven restaurant venues as well as a men’s fashion atelier.
Shendell recommends working with a business attorney right from the start. Your attorney can take the pressure off of you, handling things like basic zoning compliance and copyright advice to business structuring and liability.
From his years of experience, Shendell offers these two important pieces of advice for maximizing your relationship with an attorney:
- Hire an attorney who has specific knowledge of your market and industry. Don’t pick simply anyone out of the phone book, Shendell says. The more your attorney knows about what you do, how you do it, and about the other players in your field, the better.
- Be a proactive learner. You hire an attorney to help, but the more you understand about legal terms and processes, the better equipped you’ll be as an entrepreneur making decisions for the future of your business.
Check out the video above for more great tips for handing the legal side of your business.
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