Whether your online small business is just starting or is already established, a relationship with an internet business lawyer is essential. Operating online exposes a small business to legal liabilities and operational risks that can threaten the long-term viability and survival of that business.
The relatively recent rise of the internet means that laws are constantly changing and evolving. An internet business lawyer who has experience navigating the unpredictable landscape can provide much-needed protection for what may be your most valuable asset. Below we listed 5 essential steps to protecting your business, and go in depth on 5 additional reasons why hiring an online business lawyer is of the utmost importance.
1. Launch of Online Business
Setting up a business online requires more than simply having a product or service to sell. The legal structure must be established, a website created, intellectual property issues finalized and permits secured. State and federal laws and regulations govern these and other matters pertaining to launching a small business online. Failure to comply can jeopardize the longevity of your small business.
One of the easiest ways to slip up, and start off on the wrong foot, is by picking the wrong entity for your business. Below are 6 business entities that our lawyers have extensive experience with that may apply to your business.
Unless you are a legal expert, it is best to hire an experienced online business lawyer to help you steer through the legalities, pick the right business entity, and ensure that your company is compliant and legally sound. Having a legal expert on your team also gives you more time to focus on the core areas of your business.
2. Preparation of Contracts and Agreements
As a business owner, your contracts and agreements must be properly written and communicate your terms clearly. Failure to do so can result in costly litigation or loss of funds. An agreement drafted by an experienced lawyer is a legally sound document that all parties can sign confidently.
It is also important to note that contracts and agreements also include filing trademark applications, and although you technically can file a trademark application by yourself, it is best to hire an experienced business lawyer to ensure perfection.
3. Removal of Damaging Content
No matter how stellar the service or high-quality the product a company offers, negative comments and reviews are unavoidable. Although most of these comments are genuine and instructive, saboteurs can publish derogatory or false information about your business with the intent to damage their reputation. The broad reach of the internet makes these damaging, sometimes defamatory statements potentially catastrophic for any business. An experienced internet business lawyer can strategize and work to have the harmful content removed quickly. For more information on fake reviews, click here.
Conversely, consulting with a lawyer can steer you away from creating defamatory posts for which you or your business can be sued. Should you face a lawsuit regarding an online post, that lawyer can also guide you through corrective and mitigating steps to address the issue.
4. Prevention of Expensive Lawsuits
Legal issues in business are difficult to predict. Lawsuits can be lengthy, expensive and potentially destroy your business. In an
environment where lawsuits are common, it’s best to have an experienced lawyer on hand to consult regarding legal issues. A lawyer familiar with your business and the environment in which your business operates will make it easier to address challenges and avoid some of the common intellectual property pitfalls outlined below.
5. Legal Representation in Court
Going to court is a daunting prospect. Should the need arise, having a lawyer represent you can mean the difference between a successful outcome and defeat. A lawyer can easily navigate the legal system and leverage their experience to put forward the best defense to win your case.
The Right Lawyer for Your Online Small Business
The internet’s business and legal landscape can be complex and challenging. A lot rests on your company’s compliance with the myriad of laws. Therefore, it is crucial to have the right lawyer to support and protect your online business.
At RM Warner Law, our online business lawyers will help you navigate those issues pertinent to your business and in your best interest. Speak with one of our business lawyers online today or call us toll-free at 1-866-570-8585.