It is important for business owners and managers to have a basic understanding of business law. However, that doesn’t qualify you to practice law. Business law provides a measure of predictability in the management and operation of a business. Yet, the nuances that distinguish different legal issues are an important reason to consult with a Marion, Iowa business lawyer about your business needs.
Nearly any type of business in a modern economy requires knowledge of the operations that are governed by a variety of laws. Getting legal assistance is advisable when you need to take action to protect the success of your business. Our legal team has experience with the complicated processes associated with owning a business.
The Marion business lawyers of Arenson Law Group, PC are dedicated to working with you to provide the best resolutions to your concerns. It is our privilege to serve the needs of our clients because you are our friends and neighbors.
Whether you are in the process of forming your business, need to have contracts negotiated, or have employment agreements developed, our legal team is ready and waiting to help you. Call our office today at (319) 363-8199, or reach out online to schedule your first appointment. We will review the facts you present to us and advise you on your next best steps and your best business strategy.
Why Do I Need a Business Law Attorney?
Business law includes the rules and regulations that cover how to start, buy, manage, and close or sell any type of business. There are state and federal business laws and administrative regulations that must be followed when you open and run a business.
A new business must become a sole proprietorship, corporation, partnership, or limited liability company. This decision determines the business laws that you follow and the tax structure that the IRS uses to tax your business.
Business law also dictates how you can advertise your business, which falls under consumer protection law. Business law is also sometimes called commercial law or mercantile law and falls into two distinct areas. The first is the regulation of the commercial entity, and the second is the regulation of the transactions dictated by the contracts.
Every business concern, whether it’s a small shop or a large-scale corporate structure, is bound by law to comply with regulations. Iowa regulates business practices through a combination of state and federal laws. These place limits on certain processes and actions that businesses can take.
Unfortunately, ignorance of the law is not a defense against breaking the law. Because of the complexity of business law, it is crucial to engage an experienced Marion business attorney. They can help walk you through the processes and ensure that you don’t make any missteps. Should you have pressing questions, don’t hesitate to contact us today.
Areas of Business Law
Our legal team in Marion, Iowa, is fully prepared to help you resolve your business’s legal issues. Many legal complexities are involved in starting and running a business. Some of the issues that you may encounter include:
Business formation – After you’ve decided to start a business, you’ll need legal assistance. Your legal team can help develop the formation and structure that dictates how your business runs and how you pay your state and federal taxes.
Business financing – Whether you’re establishing a new business or want to expand your operation, our business financing lawyers can help you secure the necessary funding.
Collections – Collecting a debt can be complicated when there’s a dispute, or the individual or entity decides not to pay. Our legal team has extensive experience recovering payments.
Contracts – Whether you’re negotiating a contract, or need one prepared to protect your business from potential litigation, our legal team has the skills that can help protect you and your operation.
Dissolution – If you’re considering dissolution or liquidation, our legal team can advise you on the best steps and will help you file the necessary paperwork.
Compensation – When you need a contract between employers and employees that details compensation and benefit agreements, our legal team can help develop agreements that protect you and detail relevant employment information.
Mergers and acquisitions – As your business grows, you may consider merging with another company or acquiring another company. We can help develop the necessary paperwork that addresses the legal concerns, and we can protect your rights under the law.
Non-disclosure agreements – In today’s competitive market, it is necessary to protect your trade secrets at all times. Our legal team can prepare a solid NDA you can use for your vendors, business associates, and contractors.
Professional clinics – There are unique laws that dictate the formation of a professional practice. Our legal team can help you form your clinic and establish your practice.
Operating agreements – Anyone who owns and operates an LLC benefits from an operating agreement. This helps outline the operational and financial decisions of the company. They are not required by Iowa’s employment laws but will help protect your business in case of a dispute.
Real estate – Don’t let a property law issue cause your business’s demise. When you need to buy, lease, or sell property in Iowa, Arenson Law Group, PC can help you understand the implications for your personal and business finances.
Due diligence – This is a process whereby our legal team does a thorough investigation and research about any investments you may want to undertake. We can prepare you to make wise Investments and avoid poor decisions.
Dispute resolution – Our experienced legal counsel also has the skills to help you settle disputes out of court. This can help save time and money, as well as resolve the issue as quickly as possible.
Contact Arenson Law Group, PC for Your Business Law Needs
The legal team at firm name has three decades of legal experience that we are prepared to put to good use for our clients. Our Marion, Iowa, business lawyers understand the complexities of business law. We stand ready to help, whether you’re a startup company or a growing business. Our innovative group of lawyers works diligently and tenaciously in your best interest.
When your business has a legal matter, contact the Marion Iowa business law attorneys of Arenson Law Group, PC. An experienced attorney can guide you through solutions that meet your business needs. We provide our clients with high-quality service and professionalism in every detail.
Written by James H. ArensonLast Updated : October 13, 2023