Starting a Small Business? Don’t Forget the Legal Stuff

in news •  4 years ago 

When a small business is being conceived, it can be tempting for owners and investors to race past entity formation, legal, and liability issues.

Those issues can be a drag. They don’t inspire anyone, and no one starts a new business expecting ideas, business models, or relationships to run into snags, much less fall apart.

Snags can happen, however, and things routinely do fall apart. Even better mousetraps make yours the MySpace of mousetraps, and day-to-day routines can make running a small business feel something like “Marriage Tango” in I Love You, You’re Perfect, Now Change (where the husband sings about getting the kids in bed, cleaning up, and the “joys of being wed” and then it’s “Mom! Dad! The lizard’s eating the guppies!” and “Tyler threw up in the bed!”).

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