When you are pursuing a new business venture, finding the right people to help you make your goals a reality can be difficult. You may also feel like you do not need help, but starting a business, expanding an existing venture, or entering into a new industry is complicated and requires experience to succeed.
At Purdy & Bailey, LLP we have the knowledge and experience to help you succeed. Our team of legal professionals has assisted countless clients with their business ventures from starting a business from scratch to entering a brand-new industry with confidence. Keep reading to learn more about Purdy & Bailey, LLP, and why you should choose our firm to assist with your business needs.
Building a Better Business
The best businesses are built on solid ground – strong contracts, appropriate documents, and lasting alliances. However, these elements are not built in a day. Founding a corporation or business entity takes time and careful consideration of all of your options.
To create a business, you need to:
- Research and register a corporate name
- Prepare and file the articles of incorporation
- Appoint an agent to oversee the formation
- File tax paperwork
- Complete and file license and permit applications
- Create bylaws
- Appoint directors
- Establish corporate compliance with regulatory requirements
- Draft business contracts
- Enlist the help of a legal professional regarding policies and insurance
- Complete federal and state administrative agency proceedings
Depending on your business, incorporating the business entity may require additional forms and steps that must be overseen by an experienced attorney.
For owners of existing businesses looking to expand, business contracts are the bread and butter of any growing business. A strong contract can boost reach, increase ROI, strengthen networking, and pave the way for success.
When creating a business contract, it is vital that you consult with a legal professional. Contracts are living documents that must account for any and all issues that may arise while staying true to the original purpose of the agreement. The terms must be explicit and legally binding to ensure that both parties’ wishes are protected. This is not a job to be taken lightly. Only a seasoned business contract attorney should oversee your contracts.
New Industries and Opportunities
The world is full of opportunities and entering a new industry or taking a deeper dive into the one you are already in could be at your fingertips. One of the most lucrative industries in California is cannabis – an everchanging industry with high risks and equally high rewards.
Entering into the cannabis industry is complicated thanks to the rotating laws and regulations. Some investors and business owners are hesitant to take advantage of the opportunity to enter into this burgeoning industry for these reasons.
However, the cannabis industry, while at times unpredictable, is very rewarding and you could create a business that cements your legacy. With the help of a qualified attorney, you can take your cannabis business from an idea on paper to a fully realized corporation or grow your existing businesses exponentially.
Choosing the Right Attorney
Whether you want to incorporate your business, grow, and expand, or enter into a new industry like cannabis, choosing the right attorney is the most important step. You need someone with experience handling complex cases and genuine respect for your aspirations. Your attorney should see the value of your ideas and advocate for your best interests every step of the way.
Purdy & Bailey, LLP Has the Experience You Need
At Purdy & Bailey, LLP, we believe in our clients’ aspirations and work tirelessly to help them come to fruition. Our team of dedicated legal professionals has extensive experience handling a variety of cases from business contracts and formation to cannabis industry-specific legal matters.
We offer clients premiere legal counsel backed by a successful track record and an endless supply of knowledge and support. When you choose our firm, you are not only putting your case in good hands, you are entrusting your future to a firm that fights for your success.
Schedule a consultation with Purdy & Bailey, LLP today to learn more.