Questions when starting a new business

When you start a new business, here are some of the important legal issues that need to be addressed:

  • What type of business entity do I choose? Corporation, Limited Liability Company, Partnership, or Sole Proprietorship?
  • My business partner and I get along now, but what happens if we disagree in the future?
  • I believe I will be successful, but how do I protect my personal assets if something goes wrong?
  • I want to be in business with my business partner, but will his wife become my business partner if they get divorced?
  • I found a form contract online that I plan to use for my clients – is it really right for me and what I do?

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