Commercial businesses generally need a lot of legal assistance. There are strict guidelines and regulations that business owners must comply with in the ordinary course of business. Depending upon the nature of your business and the laws governing the industry, you will need to take a number of different steps to ensure that your business complies with all legal regulations. Hiring a law firm is generally a wise move for business owners. Not only does it protect you from frivolous litigation, but it also ensures that your business won’t be exposed to lawsuits.
There are many law firms that offer commercial services to local business owners. Before you hire any law firm in Dorking, you should check out their service portfolio. You can also send an email to the lawyers at the firm and find out how they can better cater to your requirements. Here are just some of the many commercial services that most law firms offer in Dorking:
Setting Up the Business
You can’t just start trading once you have decided to set up a business. The law distinguishes most businesses into three different categories: companies, sole traders, and partnerships. A sole trader is an individual who runs the business alone. He is the only owner and director of the company, and is answerable to no one. A partnership, on the other hand, can be formed between two to twenty people. It is based on the concept of mutual agency, and there are certain rules and guidelines that must be followed by all partners.
The most common type of business is a company. It can either be a private limited company or a public limited company. Registering a company is not as simple as it seems. You will need to hire a law firm to draw up the required papers, and then draft the memorandum of association as well as the articles of association. The documents will need to be filed with the company registrar. The company can only start trading after it receives the certificate of incorporation and the certificate of commencement of business.
Employment Law Problems
One of the most common issues that many business owners face is when their own employees file a case against them. As the owner of a business, taking care of the employees working in your company is your responsibility. Making sure that you follow the laws of employment is very important. Your law firm can help you in drafting and reviewing all internal policies and guidelines as well as give advice on how to deal with internal issues in the company. The firm will also produce fact sheets to give you a brief idea of major legal issues facing the company. Most importantly, the firm will draw up legal contracts and documents. They will also write the terms and conditions for any product or service that will be used by the customers. Hiring a law firm will help you cover all your bases and ensure that you protect yourself from any future legal problems.