There are certain legal matters common to all business entities. But legal risks will be dependent upon the type of business, state laws and a number of other considerations the small business owner may face.
Legal matters can sink a business if poorly handled. Some issues which may arise are too time-consuming, complex or too risky to handle without the expertise of an Attorney. These matters can include wrongful termination claims by former employees, negotiating the acquisition of additional company assets, and allocating profits and losses. It's important to remember your legal needs will be unique to your business.
Retaining an attorney to help prevent legal issues before they take place is always a smart choice for the small business owner.