Starting Your Own Business
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What Is Business Start-Up?
Business start up is the process of creating, filing, and getting a business up and running. It is usually common for small businesses and smaller partnerships or corporations that are "starting from scratch." Starting your own business can be extremely rewarding, as it allows you to exercise much control and freedom in the business organizing process. There are however, many technical and legal requirements associated with starting a business.
Common Legal Requirements When Starting a Business
As mentioned, starting a business involves many requirements and steps. Some of these include:
- Handling business licensing and zoning issues
- Selecting the proper business form (i.e., corporation, partnership, sole proprietorship, etc.
- Registering with the state (esp. for incorporation purposes)
- Selecting the business name
- Various legal documents and paperwork
In addition, you may need to consider various aspects of the business, including financing, advertising, obtaining a client base, and handling business loans and contracts. All of these are essential for starting the business off on the right foot.
What If I Have Legal Disputes or Conflicts When Starting a Business?
Many legal disputes or conflicts can arise during the starting phase of a business. For instance, there may be disputes regarding business property, member contributions, copyright issues, and other legal topics. Also, there might be conflicts with hiring, employee rights, contracts, and other subjects.
These can cause delays in the starting process and even worse, might result in legal claims or actions. Many legal disputes can be avoided by having a proper business plan in place. A clearly written business plan can help guide the company and can minimize the amount of confusion and disputes.
Do I Need a Lawyer for Help Starting a Business?
Business issues and requirements can often involve some fairly complex laws. Also, business laws may be different from state to state, especially with regards to incorporation requirements. It’s in your best interests to hire a qualified business lawyer if you need help starting a business. Your attorney can help review your files and documents to ensure that all the requirements are being met. Also, in the event of a legal issue arising, your lawyer can represent you in court as well.
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Last Modified: 06-17-2015 09:25 AM PDT
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