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Navigating the Legal Landscape of Small Business Ownership

Sept. 9, 2023

Hello everyone! I hope this post finds you well. Today, I wanted to take a moment to address something important. Did you know that there are 33.2 million small businesses in the United States? With such a thriving entrepreneurial spirit, it's crucial to support each other on this journey.

If you or someone you know is planning to start a small business, I want to extend a helping hand. As a business lawyer, I understand the legal challenges that entrepreneurs face. It's not meant to scare you, but the statistics speak for themselves:

  • 36% to 53% of small businesses are sued every year.

  • 43% of all small businesses are threatened with a lawsuit annually.

  • Approximately 45% of small businesses are currently involved in litigation.

  • 90% of all businesses experience a lawsuit at some point in their lifespan.

  • Around 12 million contract lawsuits are filed every year against small businesses.

The good news is that many of these legal issues can be avoided. I can help clarify any contract loopholes, establish clear guidelines between employees and owners, and even provide strategies to navigate contract changes. This kind of assistance is especially crucial in the early years when business owners interact with many new faces.

So, if you or someone in your network is considering opening a business or is already in the process, please don't hesitate to reach out. I'm here to provide the legal support you need.

Take care, and let's empower each other on this entrepreneurial journey!