Tag Archives: Planning.

Discover key startup tips that you should consider when starting your new company. In most cases, they apply straight up with no deviation. At worst, they will cause you to analyze and think about important startup issues when you decide how to structure and launch your new company.

Are you growing your company with the goal of selling it one day and having a successful exit? Whether you already have started your company or you are settling into the starting block and getting ready to launch, it is important to plan ahead and think about how to position your company for its eventual sale.

You need to read the contract before you sign it. It sounds simple. And it should be.But there are so many people out there who don’t take the time to read important agreements, or don’t make the effort to understand them, or rely too much on the wrong people for guidance. They later find out that they have really bad agreements in place and limited options to make things better.

Are you starting a new company and are trying to figure out whether a limited liability company (LLC) or corporation is the right legal structure for your business? There is a lot of information on the Internet about which type of legal structure is best for startups. And there is no shortage of opinions when you talk to accountants, attorneys, and business contacts. You ultimately will need to determine what is best for you and your business, but I wanted to provide some practical perspective based on what I see with actual startups and their experiences.

Entrepreneur’s Question: “What are all of the items (e.g., legal documents, agreements, etc.) that are required to incorporate a business? I want to make sure that I have the right foundation down as I start my company.”