Rather than waiting until you’re established, you should get lawyers involved in the formation of your company from day one.
Category: Business Law
If you are considering starting your own small business in the U.S., here are seven key steps to help you plan, organize, and access the resources you need to make your dream of self-employment and business ownership a reality.
With the proper team, planning and strategic advice (business and legal) you can minimize risks and create an environment more conducive to success and expansion.
Steve Blank, a Silicon Valley entrepreneur-turned-professor with over two decades of experience, has over the course of his career founded or worked within eight different startups. And in that time, he’s lived through every entrepreneur’s worst nightmare: he had his ideas stolen. Twice.
Unfortunately employees get hurt and sick at work. It’s important to take care of them. After all, like you, they’re invested in growing your business.
In the end, your business’s individual expertise and knowledge of your industry are what makes your product valuable — and that cannot be copied.
You will never be expected to have prevented all possible work-related accidents, but the law will usually expect you to have taken reasonable steps to prevent foreseeable risks.
Consultation with counsel and with any existing advisors, directors or key stockholders is often the best course when determining whether a strategic value-add person should be evaluated for an advisor or director role.
Every entrepreneur will consider whether they should trademark their company name. I was one of those people.
New founders often approach service providers, generally—and lawyers in particular—with a degree of caution.