3 Things to Know Before Starting Your Business
Starting a small business? Having access to a legal team like Sgro & Roger to help you navigate the formation process will increase your chances of launching a successful endeavor.
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Here are a few things you should know before starting your business:
Make Sure To Own Your name: The company name you select might be fantastic, but if you are not the sole proprietor of the name, you could face costly legal problems in the future. The United States Patent and Trademark Office has a trademark search tool that you can use to research whether the proposed name for your company is available.
Personal Finances are a Factor: When working on your business plan, be sure to take into account your personal living costs. Things like rent, mortgage, health insurance and savings should not be ignored just because you plan on investing your capital into your business. This is crucial in terms of setting up a solid foundation for a successful business.
Get Legal Help: The law is complex and verbose. Consulting with a legal professional in the formation phase will help to ensure that your business meets all the necessary legal requirements.