BUSINESS



Below are a few of the most commonly asked questions and answers that may help you in choosing a consultant.

What is a Consulting Business Attorney?
The Consultant is someone who provides expert business and legal counsel for the creation and/or operation of specific businesses, such as startup enterprises. The Consultant delves into the particulars of the client, the product/service and the target market to assist in creating a realistic Business Plan to instruct the client regarding the best options to achieve the defined goals. The Consultant further outlines the necessary legal documentation to be created and assures the conformity of the finalized documents to the Business Plan.

Who needs consulting services?
High-risk, big-reward opportunities are those businesses that can best utilize the services of the Consultant. Whether unfunded, under-funded, or fully capitalized, the Consultant can discover, define and present the best solutions to maximize profit from success and limit damages from the unexpected.

What advantages do professional consultants provide ?
The best advice comes from relevant knowledge synthesized into a comprehensive and realistic Business Plan. Whereas, few attorneys have ever engaged in any business other than the law business, the Consultant knows many unanticipated opportunities and pitfalls lie ahead and can help develop a Business Plan to maximize profit and protection. Proper counsel and related legal documentation can only come in conjunction with and conformance to the Business Plan.

What do they provide?
The Consultant provides expert counsel regarding the best business strategies based on intimate knowledge of the client, the product/service and the target market. Together the client and the Consultant create a realistic Business Plan that is attractive to investors yet retains maximum protection for the founders. The Consultant also advises regarding business forms and structures and all legal documents needed to conform to the overall plan of action. Additionally, the Consultant outlines the necessary legal documentation to be prepared by a reputable and experienced law firm and reviews all final documents for conformity to the Business Plan.

What consultants should not provide:
The Consultant does not provide final legal documentation or conduct high-level negotiations. For maximum protection, all documents are finalized by a reputable law firm. Such a firm is also desired for clout in critical negotiations.

Why not retain a big law firm from the beginning?
The client will eventually retain both. The Consultant gets down the nitty-gritty aspects of the client and the business to assist in creating a comprehensive and realistic Business Plan. Retaining a law firm to assist in due diligence and the creation of a Business Plan is prohibitively expensive for most startups, however the firm’s services are critical for important legal documents and to conduct vital negotiations.

Selecting a Consulting Business Attorney:

Opportunities are better anticipated and pitfalls best mitigated by a Consultant with relevant knowledge of business law combined with extensive real-world experience. Select the Consultant who can best guide you in the creation of a comprehensive Business Plan. All will flow from that blueprint.

Why Retain William G. Wilhelm?

Comprehensive expertise based on 20+ years of hands-on business and legal experience to:
1) Best protect clients' interests in proprietary information/technology

2) Quickly identify and compare potential conduits for profit from and through the target markets

3) Accurately identify and explain various business methods and formations for clients to best protect their proprietary property and optimize income and equity participation
4) Determine optimal start-up formation, initial and long-term equity participation and terms of employment
5) Provide valuable assistance in developing a realistic and comprehensive Business Plan that balances the desires of venture capitalists and protections for the founders
6) Most efficiently communicate with attorneys to obtain the best legal counsel and documentation required for implementing the Business Plan

7) Review attorney work product to ensure conformity with Business Plan



 


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