With each new year, budding entrepreneurs look to turn their vision into a business. These startups are often overflowing with tremendous ideas, energy and optimism — but don’t always have a roadmap for the legal aspects involved in starting a business. In the flurry of drumming up new customers, getting ready for a website launch and building the first prototype, it’s all too easy to put off some of the less glamorous, more administrative aspects of running a company.
Yes, company filings and regulations are not the most exciting parts of your startup. Yet they’re critical to the health of your business and personal finances. Here’s a quick rundown of eight administrative aspects you need to consider for your startup or small business. Of course, depending on your situation and type of business, hiring a tax accountant and/or good attorney with specific experience in your industry can go a long way toward helping you steer clear of trouble.
To read the full, original article click on this link: 8 Legal Steps for Starting Your Business
