You have always wanted to have your own business, and now that you’re setting it up, you see how many things could go wrong. You don’t want to risk trouble with the law, but you’re not sure what to do to make sure everything is done by the book.
One good tip for you is to work with a business attorney. Business attorneys, or employment law attorneys, understand the work that you need to do to set up your business correctly as well as the requirements set for businesses like yours. For example, they can help you with:
- Setting up employees’ access to health insurance
- Matching retirement contributions
- Setting up paid sick time or vacation time
- Understanding overtime pay
- Knowing when your employee is an employee and not a contractor
- Setting up employment contracts
- Many other situations you may deal with as a business owner.
As you set up your business, you should write down any issues that you’re worried about, from misclassifications to harassment issues. Your attorney will talk to you about the steps you can take to prevent problems in the workplace before you ever get started. They can give you some tips for preventing trouble with employees, third parties, clients and others who may interact with your business as well.
Our website has more information on why it is so important to set your business up right from the beginning. If you’ve been waiting because of the cost of working with an attorney, think carefully. Though it might cost a little bit to do so now, you’ll save yourself thousands if you can prevent litigation in the future.