Small Business
Cole Tait offers a full spectrum of legal services for small business owners and entrepreneurs. We specialize in helping businesses navigate the complex legal landscape with confidence and clarity. Whether you’re starting a new venture, negotiating contracts, or dealing with disputes, our experienced attorneys are here to protect your interests and ensure your business thrives.
Why Choose Us? We have thirty years of experience in corporate and commercial law, so that we can provide you with clear, confident guidance tailored to the specific needs of your business. From entity formation to contract drafting, employment management and business litigation we help you anticipate and avoid legal issues before they arise, saving you time, money, and stress.
Starting and running a small business comes with its own set of challenges, and understanding the legal landscape is essential to your success. As a small business attorney, we are here to guide you through some of the most common legal considerations every entrepreneur should be aware of beginning with choosing the right business structure. Depending upon your business, you will want to consider the following common business entities:
- Sole Proprietorship: Simple to set up, but you are personally liable for any business debts or legal issues.
- Partnership: A business owned by two or more people. Like a sole proprietorship, partners are personally liable.
- Limited Liability Company (LLC): Offers personal liability protection while maintaining flexibility in management and taxation.
- Corporation: A more complex structure, but it offers the best protection from personal liability and may be ideal if you plan to raise substantial capital.
Once you’ve chosen your business structure, you need to register your business with the state and obtain the necessary licenses, insurances and permits. This ensures that you’re compliant with local, state, and federal regulations. Once your business is formed, registered and operating, you will need forms, contracts and other documents to operate your business. Contracts are the foundation of most business relationships. Whether you’re dealing with clients, employees, or vendors, having clear, written agreements helps avoid misunderstandings and legal disputes. Be sure to include key terms such as:
- Payment terms and deadlines
- Confidentiality clauses
- Delivery timelines
- Dispute resolution methods
As your business grows, you’ll likely hire employees or contractors. Understanding your obligations as an employer is critical. Make sure you comply with:
- Wage and Hour Laws: Ensure fair wages and comply with minimum wage and overtime requirements
- Workers’ Compensation Insurance: Required in most states to cover employee injuries on the job.
- Non-Discrimination Laws: Prevent discrimination based on race, gender, disability, or other protected categories.
- Employee Benefits: Understand your responsibilities when it comes to healthcare, retirement plans, and other employee benefits.
Whether you’re hiring more employees, expanding to new locations, or entering into partnerships, it’s important to consult with an attorney to ensure your legal framework grows with your business. With the right legal support, you can focus on what matters most—growing your business with peace of mind. Let us help you.