Many Australian business entrepreneurs hire lawyers only when a problem crops up. It’s much wiser to seek the services of commercial lawyers as they can identify potential problems before they occur.
It’s natural to be extremely busy with financing, loans, hiring staff, marketing etc as you launch your new business. In our minds, these issues often take precedence over legal problems which don’t seem to be of immediate concern.
However, the truth of the matter is that smart business planning involves preventing problems before they occur and this includes working with a business lawyer right from the start.