Starting up a business is a very big personal and financial commitment, and having good legal and financial advice is crucial at each stage of starting a new business. Choosing the right legal structure is by far the most important decision you will make and a business lawyer will be able to advise you on your best options, depending on your individual circumstances and the kind of business you are starting.
Since the legal structure of your business impacts your tax burdens, income, personal assets and liability, getting good legal and financial advice is definitely in your best interests, particularly for the more complex structures like a company or discretionary trust, where the legislation is very complicated and changes regularly.