Small Business Spotlight: Preventative legal help saves money [Infographic]

Business, Money

According to a recent small business survey by Avvo Research, 51 percent of small business owners had not hired a lawyer because they think it’s too expensive. But in fact, 65 percent of lawyers say that their small business clients would have actually saved money if they had hired a lawyer sooner.

Legal mistakes, such as improper partnership agreements or unprotected intellectual property, usually cost more time and more money to fix down the line. Most business owners don’t know what red flags to look for when reading contracts, and the small business attorneys surveyed reported that only 14 percent of their clients were able to successfully avoid legal pitfalls on their own.

Fortunately, there are affordable ways for small business owners to get legal help that fits their needs. Avvo Advisor is the fastest, easiest and most affordable way to get answers to your questions, or assurance you’re on the right track. Simply select your type of issue, pay a $39 fixed fee, and a lawyer will call you on the phone within minutes for your 15-minute advice session. Participating attorneys can help you with questions about things like rent, branding, starting an LLC, insurance, payments and hiring employees.

Download the Avvo Advisor App and, for a limited time only, use promo code Nakedlaw to get a free Advisor session.

 

Download the infographic (PDF)