It seems to me that you intuitively know what you need to prove and how to prove it; you have (at least conceptually) the essential pieces of a proof, you understand fundamentally how they fit together, and the question is just a detail on how to write it up.
If you must do a new epsilon-delta proof for a theorem like this rather than using already proved facts, I think the usual practice is to subscript "epsilons" as well as "deltas" when applying the given limits. For example, you could say that for any positive $\epsilon_2,$ there exists a $\delta_2$ such that
$\lvert f(x)g(x)\rvert < \epsilon_2$ whenever $\lvert x\rvert < \delta_2$.
Then when $\lvert x\rvert < \delta = \min\{\delta_2,\delta_2\}$,
you have shown that $\lvert g(x)\rvert < \dfrac{\epsilon_2 + \lvert l\rvert}{N}.$
The only thing remaining to wrap this up in the usual form of an epsilon-delta proof is to explain how, for any given $\epsilon > 0,$ you would choose $\delta_1$ and $\delta_2$ so as to make $\dfrac{\epsilon_2 + \lvert l\rvert}{N}$ less than or equal to $\epsilon$.
And in order to do this, the statements about the limits of $f(x)$ and $f(x)g(x)$
allow you to set $\epsilon_2$ and $N$ to any positive values you want.
I don't think it invalidates your proof if you use symbols and language in a way differently from the usual form, but it is easier for people to understand your proof and verify it if you use the usual form.