GREAT 17 IDEA: Hire a Great Lawyer

One person who can help you in good and bad times is an experienced attorney. Save money when you can, but don't scrimp when it comes to getting solid legal advice.

Once you set up your business structure, you'll need a savvy lawyer to buy or sell real estate, form a partnership, create job applications, and write employee handbooks. (See the tip box on pages 28–29 for diversity tips.)

Working with a good small business attorney will help you avoid legal troubles involving staff, vendors, and customers. He or she can also prepare books and records when you are seeking outside investors or applying for a bank loan.

Finding a good attorney is not as challenging as you may think. There are about a million of them ...

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