1. You are being approached by others to sell your goods and/or services.
Have you been approached by other individuals or companies that are interested in purchasing your company and/or goods or services? This is a tell-tale sign that your business and the goods or services you are offering are highly sought after, which means it is time to protect your business and your assets by hiring an intellectual property lawyer.
2. Your income is growing exponentially.
If your income is growing, your assets are too. This means that you need to protect your assets by ensuring that you are in compliance and that all your contracts and other documents are properly drafted and protect you and your business.
3. You are hiring contractors or employees.
If you have contractors or employees or are thinking about hiring them, you need to make sure that your employment offers and contracts are properly worded. In addition, you need to ensure that you are not misclassifying employees as independent contractors and vice versa. There are certain laws that you must follow if you are hiring someone as an independent contractor or employer.
4. You are looking to sell the business.
If you are considering selling your business or are currently in the negotiation process with another business or individual, you definitely should consult with an attorney to either draft or review the purchase agreement. You want to make sure that you are properly protected and that there will not be any future liability on you once the transaction is complete.
5. You want to add new assets to the business.
If you want to add new assets to your business, this means that your business and company is growing and valuable. This should give you even more of an incentive to hire an intellectual property attorney to ensure that you, your business, and your assets are properly protected.
If you answered yes to any of these things, then it is time to hire an IP lawyer.
Anderson Law Firm PLLC is an IP law firm servicing online entrepreneurs with their business and intellectual property needs. Book a consultation today to secure your IP to build your wealth legacy today!