Introduction

Starting and running a non-profit organization can be a long and tedious process. There are several moving pieces that are required before operating as a legal entity. The average person is not an expert in everything that is required to start a nonprofit organization. While non-profits are mission driven and not profit driven, they still need to be run as a business and a business lawyer can assist with that.

Operating your non-profit as a business

A successful nonprofit will be run like a business because it is a business. The assistance of a lawyer who specializes in business law will allow board members to focus on the mission of the organization. A business lawyer can provide business and tax advice that will ensure the organization can continue to run successfully. A lawyer can also properly draft and review contracts and agreements. If registering intellectual property is necessary, a lawyer will assist in ensuring the correct registrations are made with the US Patent and Trademark Office.[5]

Utilizing a lawyer as a safety net

Regularly working with a lawyer can ensure that the organization is running smoothly. No one likes to be in legal trouble; however, it happens when least expected. A lawyer can assist in taking care of legal issues as they arise. If litigation is necessary, a business lawyer can handle most litigation needs, or team up with a colleague who is a litigation specialist to help the company address the situation.[6] They can also help ensure that the organization is complying with all legal authority.[7] As well as making sure there are no conflicts of interest between the organization and other entities, as well as any internal conflicts of interest.

Conclusion

There is a multitude of services that a business lawyer can provide to a nonprofit organization. At the end of the day, a nonprofit must run like a business to operate effectively and continue to carry out their mission. Gravis business lawyers can ensure a nonprofit is operating not only efficiently, but legally as well. Business Law: Uncomplicated.

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Citations

[1] https://www.business.com/articles/business-lawyer/

[2] https://www.forbes.com/advisor/business/types-nonprofits/

[3] https://www.councilofnonprofits.org/running-nonprofit/how-start-nonprofit/step-5-ongoing-compliance

[4] https://business.gravislaw.com/practice-areas/startups-early-stage-companies/

[5] https://business.gravislaw.com/practice-areas/intellectual-property/

[6] https://business.gravislaw.com/practice-areas/commercial-litigation/

[7] https://business.gravislaw.com/practice-areas/compliance-regulatory/

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