August 22, 2022 by Adam Hoeksema
Starting your own business requires more than simply a marketable vision. Once you've chosen to establish a business, you'll need the assistance of a startup lawyer in Cedar Rapids to help you with the legal side of things. Trying to navigate the law and registering your business without an attorney could cost you more than your initial startup costs.
Why you need to consult a Startup Lawyer in Cedar Rapids
Having a marketable idea is lovely, but you will also need to protect your ideas, set up your business in a particular area zoned explicitly for your type of business, and have the correct business insurance to protect your business if an emergency or disaster strikes the area. These are all issues your startup lawyer in Cedar Rapids can help you with. Let's look at how your Cedar Rapids startup lawyer can help you with these items:
- Your ideas are intellectual property, and as such, they must be safeguarded and registered. Trademarking allows your organization to claim certain words, phrases, and logos as theirs while distinguishing itself from other companies offering similar services. Trademarks distinguish items, whereas service marks distinguish services. The sole legal right to publish, copy, distribute, or sell your creative work is granted under copyright. A patent is awarded by the Patent and Trademark Office and grants you the exclusive right to make, use, or sell your innovation. Your business name must also be distinctive and registered with the Patent and Trademark Office for your exclusive use and to avoid accidentally adopting someone else's business name.
- The city, county, and state impose certain restrictions and laws governing land use—even the federal government has laws governing land zoning. Agricultural land cannot be used to build industries, or agriculture may not occur where a protected environment exists. The rules and regulations include construction size and height, building materials allowed, and other criteria. Zoning is employed for the public's benefit and to preserve both the environment's and people's health and safety. It is advisable to consult with your Cedar Rapids startup lawyer before purchasing a piece of land and to understand the constraints imposed by the local, state, and federal governments.
- Getting insurance for your business and employees is one of the most critical aspects of starting a new business. Understanding your risks and liabilities will help you understand what type of insurance your will need. Federal and local laws sometimes prescribe a minimum level of insurance, and some contracts may also require this. A competent startup attorney in Cedar Rapids will guide you through the determination processes and help you select the correct type of insurance for your business.
These are just some of the issues new businesses face and where a Cedar Rapids startup attorney is necessary. But before you feel overwhelmed, look at the top five startup attorneys in Cedar Rapids we have compiled for you below.
- Arenson Law Group PC
You may be sure to have insight into launching and lawfully managing your business if you work with an experienced startup attorney in Cedar Rapids, such as Arenson Law Group. They counsel customers throughout the lifetime of their business, from initiating and submitting the formation paperwork for the selected business entity to taxation issues, management and ownership, and eventually selling your firm when you're ready to move on to the next great thing. Contracts are also an essential part of starting a new firm. Certain types are used to manage risk and restrict liability, while others are used to avoid unforeseen legal consequences. Their experts will also help you write, negotiate, and revise contracts. They also assist new firms in gaining the necessary licenses and permissions to operate lawfully inside the state. The dedicated team will also assist you in determining the taxes you are accountable for and identifying and comprehending the taxes that are pertinent to your business and needs.
- Shuttleworth & Ingersoll PLC
Shuttleworth & Ingersoll, a startup attorney in Cedar Rapids, has been serving customers since 1845 and is one of the largest full-service firms in Iowa, with over 53 experienced and skilled attorneys offering a wide variety of specialized legal services to a broad spectrum of clients. Their team provides the most outstanding possible quality legal services to their clients effectively and promptly by employing specialization and separation of practice areas. The Startups and Innovators team of attorneys uses a multidisciplinary approach to assist entrepreneurs with copyright, trademark, intellectual property protection, taxes, securities, and employment law knowledge. They encompass various sectors, including agriculture, electronics, software, information technology, and biotechnology. They can assist emerging enterprises in establishing their operations by pooling their combined experience and setting up a solid legal footing.
- Simmons Perrine Moyer Bergmann PLC
Simmons Perrine Moyer Bergman PLC is a full-service law practice that can help you create ideas by providing a legal foundation. From entity selection to idea protection through patent and trademark licensing, copyright registration and licensing, and confidentiality agreements, this Cedar Rapids startup attorney provides entrepreneurs with peace of mind. They also help new firms obtain funding such as private placement offers, mezzanine financing, and venture capital financing. They advise them on shareholder agreements (including resolving disputes), stock issuance, and transfer and redemption agreements. When putting together your ideal team of employees, the firm will help you by preparing, evaluating, and aiding with implementing employee handbooks and policy implementations, independent contractor agreements, and non-competition and non-disclosure agreements to safeguard your business and ideas.
- Nyemaster Goode PC
Nyemaster Goode's franchise law attorneys help businesses grow by creating franchise systems that comply with local, state, and federal laws. The program helps businesses with launch issues such as choosing the proper company entity, negotiating supply and distribution agreements, and analyzing and negotiating franchise agreements. As a Cedar Rapids startup attorney, they help startups with capital development and public company regulation. Their expert attorneys create an experienced team to assist you in handling your business's demands by addressing all the legal needs they will confront from the start and continuing to support your business's ongoing legal needs. Tailor-made solutions ensure that each customer receives the detailed attention they deserve.
- Clark, Butler, Walsh & Hamman
When starting a new business, the dedicated Clark, Butler, Walsh & Hamman team will help you every step of your new business journey. One of the aspects of starting a new business is licensing and permits. A startup lawyer in Cedar Rapids will assist and advise you on the requirements and help you with your business planning and zoning matters. Additionally, their dedicated team can advise you on the best business entity for your chosen business and how it should be organized, help you draft the necessary documentation, and inform you about the taxes and liabilities associated with each business entity. Employee matters will need the input of a Cedar Rapids startup lawyer to minimize misunderstandings about employment policies, compensation, and other issues which may arise. The team can assist you with drafting and amending employee handbooks detailing policies and procedures.
Emerge Victorious with Your New Business
Setting your ideas into action with the proper legal support from a startup lawyer in Cedar Rapids is one step closer to victory. But how will you persuade potential investors who read your business plan to invest in your company? The solution is straightforward: utilize our industry-specific financial projection templates to instill trust and confidence in your investors and show them the potential of your business. Your investors will love the built-in visual presentations which shows everything at a glance.