Hiring corporate solicitors is often an overlooked priority on the never-ending, sleep depriving to-do list of a small business owner.
When time and money are the driver of everything that you do, it’s usually the money making activities that take precedence over everything else. It’s easy to feel that because your business is small you can’t run into big legal problems. Sadly, that is not the case.
Prepare Properly And Prevent Claims
We live in a world of compensation claims and no matter what your business does there may well be a compliance liability that you’re unaware of lurking amongst your day-to-day work that could catch you out.
Even a website can be a risk if you are not au fait with the legalities of working online. One of the most overlooked rules is observing EU Cookie Law; a little understood monster that could land you with a data protection disaster.
Having a corporate solicitor spend time with you will help them to identify any areas that could be a potential risk for your business. A Legal Audit will make sure that you are compliant with all the latest regulations and most importantly raise your awareness of your business’s legal responsibilities.
Trade Professionally And Legally
With ever changing goal posts for UK businesses it is crucial to regularly review your Terms and Conditions. Are you placing any terms on to your clients and customer contracts that are unfair or unenforceable? Are your contracts leaving you vulnerable to wrong-doing and bad debts?
A stitch in time saves nine or perhaps in a business context, a solicitor in time saves nine! Dealing with legal problems as they arise is a very stressful and uneconomical way of working. And remember, legal problems are barriers to gaining new clients and they can put existing client relationships at risk.
Using Else Solicitors as your go-to legal team for advice when employing new staff, leasing premises, or updating your business, will allow you to grow with confidence.
The Cost Vs Benefit
Once you’ve taken care of the legal side of your business, and have a point of contact for guidance in times of need, you’ll be able to really focus on creating stability and profitability.
Don’t quibble over whether you can afford to work with a legal professional; can you afford not to?