Where can I obtain management advisory?

Hello. This is a corporate attorney at Daeryun Law LLC.

I can fully sympathize with the fact that you are bearing various management decisions alone while running your company.

In fact, many small business owners initially gather information themselves and make decisions without management advisory, but once they grow beyond a certain size, they come to keenly feel the need for professional management advisory due to legal risks and management efficiency issues.

Management advisory can be provided through the following channels.

1. Small and medium-sized enterprise support institutions

Public institutions such as the Ministry of SMEs and Startups, the Small Enterprise and Market Service, KOTRA, the Korea Chamber of Commerce and Industry, and the Korea SMEs and Startups Agency provide field-specific advisory on management, taxation, labor, and legal matters free of charge or at low cost.

2. Corporate attorneys

Through an attorney with extensive experience in corporate legal advisory, you can receive law-centered management advisory.

In particular, contract review, equity structure, prevention of labor disputes, checking tax risks, IP protection, and avoiding civil and criminal liability are the main advisory fields of corporate attorneys.

3. Accounting firms, labor firms, and tax firms

For practice-oriented advisory such as management administration, labor cost structure, and tax-saving strategies, accounting, tax, and labor experts can be efficient.

Depending on your needs, it is ideal to receive advisory together with a legal expert.

If, like you, someone has been gathering information and making management decisions on their own, they may be exposed to legal blind spots such as the following.

1. Oral contracts or poorly drafted contracts
2. Failure to prepare an employment contract when hiring employees
3. Unprotected intellectual property (IP) (brands, logos, technology, and the like)
4. Omission of tax filings or the risk of penalty taxes
5. Mixing assets held in personal names and company names

Such problems do not surface in normal times, but when a dispute, a tax investigation, or a complaint arises, they can even threaten the very survival of the company.

Daeryun Law LLC provides company-tailored management advisory services, from small business owners to mid-sized and large corporations.

In particular, the greatest advantage of our firm is that you can receive one-stop response services from corporate attorneys, accountants, labor attorneys, and tax accountants.

So that you can focus on management, we will help with managing legal risks.

If you need help, we invite you to request a consultation.