Blueprint for Growing Businesses
Growing Businesses have a life cycle very similar to their owners. Early-stage companies in their 2nd to 5th year of operation typically confront different challenges than businesses with more years under their belt.
Adolescent businesses must address issues related to growth that can affect the legal structure and collateral of the company arising from the expansion of employees/products/services, enhanced need to protect intellectual property, and the need for new partners, investors, or lenders, among other issues of concern.
A Legal Blueprint for Growing and Mature Businesses
In our experience, many law firms are not equipped to deal with the special legal needs of the growing and mature businesses. Although there are numerous law firms that can provide discrete services, most lack the ability to offer these clients a comprehensive plan or blueprint which prioritizes the critical legal services recommended during the intermediate and later stages of development AND at an affordable price.
The legal services essential to the challenges of growth and maturation depend upon the specific business operations which are being undertaken. For example, an expanding construction business would have very different legal issues to address than a restaurant or e-commerce chat room, or retail business. Awareness of these differences is essential as it suggests possible changes to existing entities, the formation of new business structures or subsidiaries, the addition of specialized personnel which requires comprehensive employment agreements to better articulate expectations and decreases the likelihood of disputes, and more complex legal services to protect an expanding intellectual property portfolio of trademarks, products, services, and so on.
What to Expect?
Mr. Moster provides a complimentary one-hour consultation with all prospective clients. At this meeting, Mr. Moster will take the time to meet you, understand your business plan and goals, and the specific challenges at hand. In this same meeting, he will then formulate a Business Blueprint tailored specifically for your business which not only prioritizes the legal services that might be required but provides a flat rate for fees. The hourly attorney rate is almost always problematic for businesses as legal costs cannot be controlled. We will always tell you in advance what services – if any – are suggested and what the total costs will be. That way you can make the appropriate business decision as to whether a proposed course of action makes sense. That’s how it works for all other businesses so why not law firms?
The next step is to simply CONTACT the Firm and schedule a complimentary consultation with Mr. Moster. It’s that simple.