1400 Gables Ct #103 Plano, TX 75075
5601 Bridge Street, #300, Ft. Worth, TX 76112

Dallas Business Law Attorney on the Importance of Charity

Dallas business law attorney, Richard “Ric” Armstrong, talks about why supporting local charities is good for business.

Perhaps paradoxically, one of the most important things you can do for your business is to find one or more charities you believe in and support them, whether through volunteering, finances or both. Not only is it simply a good and right thing to do, but supporting charities can have a long-term positive impact for your company. Our law firm currently supports two organizations we believe are making a positive difference in the world, and we feel the benefits in both tangible and intangible ways.

In what ways can supporting charities be good for business? Let’s look at a few:

• Strengthening the community. No one in your community is obligated to hire you or buy your products—but they do. The least you can do is give back in some way to the larger community that keeps you in business. It fulfills a social contract and helps keep your community strong, so they can continue doing business with you.

• Builds awareness and customer loyalty. You don’t give for the purpose of drawing attention, but your community does often take notice when you do. When you support organizations your potential clients care about, you’re building trust and awareness that will yield dividends when someone needs your services.

• Increases employee morale. Studies have shown that businesses who support community causes have more satisfied employees—especially if you give them opportunities to volunteer for these organizations in the process.

• Tax deductions. When done correctly, corporate donations can provide significant relief at tax time. For many businesses, giving is a way of deciding which programs their revenues support, rather than letting the government decide for them.

If you need a Dallas business law attorney for any business-related legal matters, we are here to help. Call Armstrong The Law Firm, P.C., today at 972-424-L-A-W-S (5297).

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Armstrong The Law Firm, P.C.
Plano Location
1400 Gables Ct #103
Plano, TX 75075

Fort Worth Location (By Appointment Only)
5601 Bridge Street, Ste. 300
Ft. Worth, Texas 76112

Phone: (972) 424-5297