Whats a good first step for a business startup?
Starting a new business is a little like jumping off a cliff. Make sure you have a parachute. A good business attorney can not only explain how you get into a new business venture, but also how can plan to get out if things go awry. Are tax considerations important? Most business decisions have tax consequences. But your decisions should be based primarily on whether you benefit from a transaction. There is no point in entering into money-losing transactions to reduce taxes. Can your lawyer’s experience help? This may be the first time that you face a certain problem, but chances are that other businesses have faced the same problem in the past, and there may be a simple solution. A good business attorney often can suggest several options. What are considerations in buying into an existing business? Going into business with a partner is like a marriage. It is a good idea to know about your partner before you tie your finances and futures together. And have a written agreement so you ca
