IndianaStartup.com is a site created by Brian Powers as a resource for start-ups, entrepreneurs and small business.  

Electronic Signatures

Clickwrap Agreements

 

Our Other SItes
Thursday
May212009

Starting a Business - A checklist of things to consider.

If you are starting a business, there are a number of things you need to consider when you are in start-up mode, beyond what you might normally think of (i.e. the business name, business location, sales and marketing...etc).  From a legal perspective, here are some of the things you should carefully consider with the help of a business start-up attorney:

  • What form of business entity should you choose?  There are multiple entries on this blog dealing with the various forms of entity a start-up can choose from.
  • If there will be multiple owners (i.e. shareholders, partners or members), how will control of the business be structured?  
  • How much and how often will the business owners be paid should the business turn a profit?
  • What record keeping methods will the business employ?
  • Will the business hire employees, contractors, or a mix of the two?
  • What type of liability insurance will the business need?  How much will it need?
  • Will the business enter into a lease for space?  Or will it buy and develop its own real estate?
  • If the business will have employees, will it provide benefits? How will the business handle payroll?
  • What types of banking relationships will be necessary?
  • Will the business need to raise capital?  If so, will it be through debt or private equity?
  • Will any sort of license or permit be required to conduct business?

These are just a few things that should be considered?  Need help sorting through your start-up business questions?  Contact start-up business attorney Brian V Powers.

 

References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Prestige Fairfield Prestige Fairfield Review Prestige Fairfield Price Prestige Fairfield Location Prestige Fairfield New Pre Launch Prestige Fairfield New launch Prestige Fairfield dollar colony Prestige Fairfield Bangalore
  • Response
    Prestige Kew Gardens, Prestige Kew Gardens Location, Prestige Kew Gardens Review ,Prestige Kew Gardens Bangalore, Prestige Kew Gardens Price

Reader Comments (1)

I thought these points were very interesting. I have my own business but I think this would be useful to those who want to start up their own business.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>