Attorney Mark B. MacLean Projects Positive Small Business Growth in 2017

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Jacksonville attorney Mark B. MacLean discusses the likelihood of small business growth in 2017.

Attorney Mark B. MacLean

It is unfortunate that many entrepreneurs, who do very well at growing their business, attempt to do it all themselves, and do not seek out experienced professional advice, especially legal help.

With positive unemployment data recently coming in, and prospects for a more business-friendly approach from government, small businesses look to do well during the next year. “As we have recently seen, unemployment data shows a continued slow but steady improvement,” said attorney Mark B. MacLean, who focuses on business formation. “Additionally, the new administration in Washington has indicated it will pursue policies to reduce overall regulations on business and reduce the regulatory costs for small and start-up businesses.”

Coupled with the prospects for the loosening of some of Dodd-Frank and other banking regulations, thereby increasing banks’ ability to lend money, small and midsize businesses could have their best year in over a decade. “Proposed tax cuts, if they do come to fruition, as well as interest rates likely remaining relatively low for the next year would make it appear that the Great Recession that began in 2008 has finally come to an end,” added MacLean.

However, with the increase in business activity there will be a greater need for a growing small business to obtain professional advice in the areas of accounting and legal services. “It is unfortunate that many entrepreneurs, who do very well at growing their business, attempt to do it all themselves, and do not seek out experienced professional advice, especially legal help,” concluded MacLean. “This can lead to unexpected and unfortunate consequences, such as losing control of the business, exposing assets to creditors unnecessarily and sometimes missing out on outside investor opportunities. Informed and experienced legal advice should be part of every business plan for a growing small business.”

About Mark B. MacLean
Mark B. MacLean, Attorney At Law, in Jacksonville, FL, is a law firm that for 23 years has been providing effective counsel for strategic estate planning, including revocable and irrevocable trusts, last wills, durable powers of attorney and guardianships. The firm also handles probate, business contracts and entity formation, title insurance, residential and commercial closings and real estate services. For more information, please call (904) 399-2829 or (888) 825-0895, or visit http://www.markbmaclean.com. The law office is located at 2033 Flesher Ave., Jacksonville, FL, 32207.

About the NALA™
The NALA offers small and medium-sized businesses effective ways to reach customers through new media. As a single-agency source, the NALA helps businesses flourish in their local community. The NALA’s mission is to promote a business’ relevant and newsworthy events and achievements, both online and through traditional media. For media inquiries, please call 805.650.6121, ext. 361.

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