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Solicitors and your business No matter whether you are are alreading in business or just starting out, a solicitor will guide you through the maze of common obstacles such as; company structure and whether it is of more benefit to trade as a sole trader or as a limited company. What legal partnerships are and how you legally stand. It is always worth getting your solicitor to look at and explain all the implications of the terms of your lease. Or indeed the legal restrictions of running your business from home. Before you discuss loans etc with your bank manager, seek legal advice from your lawyer, they will adise you on the sources of finance that are available their legal implications. Do this before you decide to mortgage the family home? Whilst on the subject of finances, a solicitor can advise how to keep taxes to a minimum too. Solicitors can help keep your leg work to a minimum, before you contact your insurance broker as your solicitor if they can expose any risks relating to premises, employees, assets and visitors. A solicitor will be able to give you impartial advice on the type of insurance you need, then you can consult your insurance broker with the right information. Employment law can be complicated and because most disputes arise out of poor dismissal procedures that don't conform to the statutory requirements. Poorly drafted employment contracts can get you into trouble, ask a solicitor to examine yours. What happens if you fall out with your business partner or fellow shareholders, can you be forced out of the business? A solicitor can help you make sure that responsibilities and profits are divided fairly. Publicly funded legal services
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