How A Commercial Lawyer Can Help You In Business

07.02.2022

When it comes to running a business, you may not completely understand all the legalities of common business activities such as contracts, leases or taxes. 

That’s where a commercial lawyer can assist you. If you’ve ever wondered why you might need a commercial lawyer in your business endeavours, they can be there to assist companies and small businesses with their legal needs. 

You may be interested in starting a business. When you consider things you need to do that you’re not entirely sure about - like getting a commercial or retail lease, or potentially purchasing a property for commercial purposes, a commercial lawyer can help you seamlessly work your way through these contracts and required paperwork. 

Or you could be in the situation where you already have a business, but need some sound legal advice or have an impending litigation case. 

These common everyday situations can easily and efficiently be managed by a commercial lawyer, such as TY Lawyers in Chatswood. 

There is a common misconception that hiring a commercial lawyer is expensive, however not hiring one could leave you in a financial predicament that you may not know how to successfully deal with. So it’s always good thing to perceive the assistance of a commercial lawyer as a benefit or an advantage to your business, not a liability. 

Looking To Set Up or Start A Small Business 

It can be a little overwhelming thinking about all the things that need to be done in order to get your business off the ground, but when you’ve got expert advice from a small business commercial lawyer, you won’t tread a foot wrong. Some of the things a commercial lawyer can assist you with on your journey: 

  • Assistance with a commercial or retail leasing

No one wants to be caught out not reading the fine print or not understanding their rights or obligations with a leasing contract. 

  • Conveyancing

If you’ve purchased a commercial property for your business, TY Lawyers can assist with the required paperwork to ensure you have considered all important factors before proceeding, and will read and interpret all the fineprint on your behalf. 

  • Franchising

TY Lawyers can assist you with the framework of setting up a franchise and the applicable paperwork required. 

  • Employment law and agreements

When legal advice is required in relation to employees, businesses should never leave themselves open to a compromising situation. Having a commercial lawyer advising you means you leave yourself in a strong position legally should anything arise. 

Small Business Legal Advice and Protection

In addition to all the points previously mentioned, a commercial lawyer like TY Lawyers focus is to ensure your interests are protected legally and financially. 

Assisting your small business further by advising on things such as Intellectual Property, Trademarks, business succession and asset protection are very important as your business starts to grow and mature. 

Commercial Disputes or Litigation Concerns 

Legal disputes take time, finances and energy which can take you away from focusing on your primary business objectives. Not to mention, most everyday business owners don’t know the ins and outs of commercial law when it comes to litigation. Teaming up with a commercial lawyer should a situation arise, will put you in the best position for a positive outcome in relation to any commercial dispute or litigation case. 

It’s important to note that a commercial lawyer has ‘hands on’ experience within the business and commerce world, whereby a regular lawyer may have simply studied commercial law and won’t be as experienced in real life business scenarios. An experienced commercial lawyer like TY Lawyers, are there for you to provide insights, offer sound advice and practical solutions so you make informed decisions about your business. 

Contact us today to discuss your commercial enquiry and one of our experienced legal professionals will get back to you as soon as possible. Call TY Lawyers Chatswood on: (02) 8007 0135.

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