Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
A little investment now will go a long way in reducing your problems later on.
A good business attorney will bring to light a lot of the risks in your company’s formation and in your contracts with employees, customers, and vendors. These are risks most business people overlook because they are, quite rightly, focused on the success of their business, not its potential failure. While I’m not suggesting you take your attorney’s risk-focused approach to business, it’s also important not to ignore his or her advice on potential problems.
And when a problem should arise, don’t shy away from bringing in your attorney early on. What you don’t do now will almost definitely come back to haunt you sooner or later.
Co-founder and general counsel
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.