If you are running your own business then it is important that you put in place a good support structure of professionals who will be able to help you with the running and financing of your business, and who will also be on hand if anything goes wrong:
• Business Attorney – if you are running a small to medium size business you will not need an attorney on a retainer, but you should be in contact with a good business attorney who can help you with any legal issues that come up. Attorneys will be able to help you understand any complicated contracts or leases, and can also advise you on issues such as liability.
• Business Accountant – it is very important that you keep accurate records of your business finances, not just for tax purposes but also so that you can effectively record all of your profits and losses to help you move your business forward into the future. Accounting and tax is a complex issue so it is best to have a professional business accountant on hand who can help you run the financial side of your business efficiently.
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