00:04
when you’re starting a business it’s
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good to have
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a lawyer from the start who will take
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you through and let you know what legal
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needs you have
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at various steps along the way if you’re
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just getting started and you maybe have
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a pretty small budget for your business
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and
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no investors you don’t need nearly as
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much legal assistance and you should not
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over lawyer you know your business
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from the start if money is short and you
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need to
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spend it on things like building up your
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product or building up your service
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then you don’t want a lawyer from the
00:33
start is going to take all your money
00:34
for things that you don’t need
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but you definitely want to have a lawyer
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involved from the outset who’s going to
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give you what you need so you have in
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place
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a solid foundation to grow so that when
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you do have a lot of clients and you do
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have a lot of customers and you do have
00:46
perhaps
00:46
partners or investors you can
00:49
confidently bring them
00:50
on with a well-established foundation
00:52
with all your legal needs protected
00:54
whether it’s
00:55
in the form of you know a good operating
00:57
agreement or a good lease or a good
00:58
contracts with your
01:00
suppliers or employees or whatever you
01:03
don’t need
01:03
everything right away you probably can’t
01:05
afford to have everything right away in
01:06
most cases at least the clients that
01:08
come to me
01:09
obviously if you have hundreds of
01:11
millions of dollars to spend
01:12
then you can have a lot more money for
01:14
your lawyers in your budget but
01:16
typically the clients that we get have
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you know big visions but
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you have to be wise with the money that
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they spend