Whether you are a single member limited liability company or nationally recognized corporation, having a business plan is the foundation. However, what many individuals overlook is the importance of business planning for small businesses and start-up companies. With the help of a business planning lawyer in NH, like ours at Feniger & Uliasz, your company will be on the road to success.
Often, the crucial importance of hiring a NH lawyer to handle your business planning is overlooked for one simple reason – trust. We trust our family, we trust our friends, and these two groups are often the ones we go into business with. With close ties, we feel guilty asking for formal agreements and commitments in the beginning, almost as if doing so undermines the trust and faith we have in one another. However, nothing could be further from the truth. The time to plan is now, at the beginning of your business journey.
The speed bumps
All too often, when things go wrong, people begin searching for a business planning lawyer in NH. Although we can help remedy the situation, many of the issues may have been avoided if a plan was in place from the start. Consider divorce, death, bankruptcy, and taxes – just to name a few. Do you want to be partners with an ex-spouse or an estate? How about continuing the business when a partner, member, or shareholder wants to sell, and you don’t like the new buyer? What if the sale results in you becoming a minority owner? How do votes get counted? When do profits get distributed?
These are all issues to be resolved at the front end. By having an agreement on paper, you understand the consequences if things go wrong, or, more importantly, when they go right and you are offered big money for your small business. Besides, the cost of planning is a fraction of the cost for litigation.
How Feniger & Uliasz can help
In addition to upfront NH business planning, our team of lawyers offers litigation support and defense in state and federal courts. Litigation is sometimes inevitable in the business world, and our firm will be there to work with you to achieve the best possible result. When things go wrong, we are here.
Whether protecting your interests at the start of a great business concept through a business planning lawyer in NH, assistance with a sale or purchase, dealing with customer or vendor issues, Feniger & Uliasz has your best interests in mind.
For more information or to schedule your consultation, contact us today by calling (603) 627-5997.