COMMON
QUESTION:
Why Shouldn’t I Just Use a Low Cost Self-Help
Service I Found Online (Like Legal Zoom) to Incorporate My Business?
This is a great
question, and one that entrepreneurs ask us quite often. Low cost self-help
“legal” services are not lawyers. By law, they cannot provide
you with legal advice--they merely fill out and file forms at your direction.
What I have consistently found in my practice is that these services
tend get entrepreneurs into more trouble than they're worth. If you
don't know what you are doing, it can cost you far more to fix a mistake
than to work with our firm from the beginning. To use these services
effectively, you really need to know what business entity you want to
organize, for what reasons, in which jurisdiction, and the consequences
when you do it wrong. The low cost self-help “legal” services
will not give you that advice, nor will they help your company meet
the corporate formality obligations required to keep your business in
good standing once your business entity is formed.
When assembling
your “team” for success, an ongoing relationship with a
good business lawyer is essential. A good business lawyer will not only
help you organize your business correctly and meet corporate formality
obligations, but he or she will help make sure you are not making legal
mistakes that can cost you thousands or derail your business.
A self-help legal
service cannot do this for you.
Using a business
organization lawyer at Furnari Scher to help organize your business
is a low cost way to start one of the most important professional relationships
in your entrepreneurial career.
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