Legal Counsel
There have been three distinct times in my fourteen year entrepreneurial career when I required an attorney. The first time was when I needed to create contractual documents for my new event planning company. The second time was after a client golf tournament when one of the volunteers had a golf cart accident and my client asked me what type of legal coverage I had to cover my company. The third time was when I formed Women TIES as a LLC. I learned early on to have a trusted legal advisor available in case of emergencies or for specific business transactions.
I have been lucky to only need legal counsel a handful of times. Being a small service business without real estate, staff or liability issues has helped to keep legal problems to a minimum. But I know other women have faced legal hardships regarding trademark issues, real estate contracts, non-paying clients and business formation changes. Women entrepreneurs with growing companies also need more legal advice as they expand operations to protect themselves and deal with more complex issues.
Women entrepreneurs should make sure they have legal counsel to turn to for routine business needs as well as for potential liability issues. Legal counsel brings both expertise and peace of mind.
