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Saturday, November 30th, marks Small Business Saturday, a day dedicated to celebrating and supporting local small businesses that fuel our communities. Started in 2010 by American Express and U.S. Small Business Administration (SBA), Small Business Saturday has quickly become a staple of the holiday season, drawing attention to the importance of shopping locally. In 2023, an impressive $17 billion was spent on this day alone, underscoring the growing commitment to supporting local retailers, service providers, and restaurants.
As a growing, local law firm, we at Williams, McClernan, and Stack share the challenges and rewards of running a small business, and we understand the unique hurdles business owners face. Beyond celebrating the spirit of local entrepreneurship, Small Business Saturday is an opportunity to recognize the support systems that help businesses thrive—one of the most valuable being accessible, knowledgeable legal guidance.
How Legal Support Helps Small Businesses Thrive
Running a small business involves more than offering a quality product or service; it also requires navigating legal complexities that, if managed well, can empower growth and security. Here are a few of the essential areas in which our firm can help:
Contract Drafting and Review: Well-crafted contracts help protect both your business and your clients by establishing clear terms, reducing misunderstandings, and safeguarding business interests.
Employment Issues: Employment law guidance can be invaluable when hiring employees or managing a team, helping to ensure compliance with regulations, establish fair practices, and protect against potential disputes.
Leases and Deeds: Securing a business location often requires careful review of lease agreements or deeds. Legal expertise can help ensure that terms are fair and advantageous, reducing the risk of unexpected costs or complications.
Ownership Agreements and Bylaws: In partnerships or multi-owner businesses, detailed ownership agreements and bylaws are essential. Legal assistance can help formalize the structure, outline roles, and clarify rights and responsibilities.
Collections: Collecting on overdue accounts can be challenging but essential for cash flow. Legal professionals can provide strategies and support, allowing business owners to focus on daily operations without the distraction of outstanding payments.
Litigation: When disputes arise, having experienced legal support can make a significant difference. Legal professionals work to resolve matters quickly and effectively, protecting a business’s reputation and assets.
Resident Agent Services: For businesses registered in Maryland, having a registered agent is a legal requirement. A resident agent ensures that important legal notices are received and processed promptly, maintaining compliance with state regulations.
Your Partner in Local Business Success
Supporting local businesses doesn’t end with a single day of shopping. For us, it’s about providing the tools and resources small business owners need to navigate challenges and seize new opportunities all year long. At Williams, McClernan, and Stack, we are passionate about empowering small businesses to grow, strengthen, and serve their communities better. If you’re a small business owner and would like to learn more about how our services can support your journey, contact us today. Let’s work together to keep our community thriving!
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