Have you got access to a team of business experts?

Starting a new business is an exciting time, but it also comes with many legal considerations. As the company experiences success and rapid growth, your business and legal requirements become more complex. Floyd Graham, Managing Principal, at FG Solicitors says, “Managing a business is about managing risk, managing risk is about managing information - accurate, on-time, reliable and relevant information”.

Here are a few signs that it might be time to "level up" your access to a team of experts:

1.  Because you don't know what you don't know your Business Needs Access to Specialised Experts

As you expand into new markets, launch new products/services, bring on investors, acquire other companies, etc. - you'll require lawyers with very specialised knowledge in areas like:

• Mergers and acquisitions

• Intellectual property

• Regulatory compliance in your industry

• Corporate governance

• Tax structuring

• International business matters

A solicitor with deep experience in these areas would have capabilities to delve into the critical issues or give advice that minimises risks down the road.

2.   You Need an Integrated Professional Services Team

As a company grows, its financial, legal, and operational needs become intertwined. A law firm that partners with other professional service providers like accountants, tax advisors, etc. can provide integrated advice and strategy. This coordinated approach ensures all aspects of your business are aligned.

3.   You Want Legal Advisors Who Understand Your Business  

As you grow, you will need a firm that specialises in and understands the unique needs of your specific industry. They'll be able to provide tailored, proactive advice that supports your strategic goals.

For an ambitious, high-growth company, having a legal team with specialised expertise is critical for minimising risk, maximising opportunities, and fulfilling your long-term vision so making the switch to a new solicitor is not a big decision. An integrated professional services firm can provide the comprehensive support and strategic guidance you need for sustainable growth.

FG Solicitors offer subscription to various solutions to your business projects.  These can vary from one-off projects through to rolling out new practises through to delivery whilst underwriting the legal and operational process.  FG Solicitors will conduct a through a Strategic Review of your current practises and red flag your risks and provide sensible viable solutions to match your business needs. Check the link to our Retainer Subscription for more details. 

 Contact FG Solicitors today on 0808 172 93 22 or complete our quick contact form for a no obligation discussion!

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This update is for general guidance only and advice should be taken in relation to a particular set of circumstances.