Considering all the complexities that come with the starting up of a business such as taxes, intellectual property, partnership agreements and the other issues related to business dealings, you will realize that this is going to be a daunting task. When starting up a venture, the members founding the entity are often obsessed with having their products to the market. As important as this is, you need not be blinded and forget the need to think of and factor as equally important the need to have long term strategies and get yourself protected from future adverse legal actions. See below listed the ways that a business lawyer when hired at the formative stages of your business will surely serve to ensure that you are covered and as such safeguard the business a great deal. Read about Saalfeld Griggs
The first is the fact that they will help you establish the best legal entity. When you are creating this corporation you have in mind, an expert in legal issues will guide you through what it takes for the legal options and procedures including incorporation. Incorporation is such an important part of business establishment as it will get to ensure that you and the corporation assume different identities in the eyes of the law. This as such gets to separate your personal finances from your business and as such in cases of the risks of liquidation you will not have to pay for the debts of the business or assume liability for the company's debts. A good business attorney will advice you appropriately on whether to set up as a sole proprietorship, an LLC, or a limited liability partnership. https://en.wikipedia.org/wiki/Statutory_law
The lawyer will advise you on the best set up for the long term interests and as such help you avoid all the hassle and expense of having to change the set up somewhere in the middle of the existence of the business and interests.
A business lawyer will as well be a need for you so as to be able to protect your vital intellectual property. This is yet another imperative that you must ensure-put in place safeguards for your intellectual property, so as to guarantee your overall success as a startup. A general definition of intellectual property is those unique items that you will have created that will get you economic benefits. These include trademarks, copyrights and patents on those works, designs and inventions that originated from you. Find more about Saalfeld Griggs Business Lawyers here