In this week’s episode of Startup Hustle, I had a meeting with Daliah Saper, a principal at Saper Law, to talk about how to legally start a startup, steps to do to successfully get started, and steps you’ll want to avoid.
Maybe you’re an eager entrepreneur with a great idea for a product or service and are ready to submit the paperwork to get funded for a new startup company, but do you have a full understanding on how to legally start? Have you completed all of the necessary steps? And then there’s other questions to recognize such as who’s responsible for what? Who are the partners? Who owns what?
One thing to consider is that once you’ve actually created your startup and have partners, you’ll want to avoid personal liabilities by setting up your startup as either a corporation or an LLC. Also, choose your startup name carefully because you don’t want to get a cease and desist letter in the mail after all of that hard work. Let’s say your startup has matured and is looking to buy an asset purchase. Well, you’ll need to do your research and make sure that the business your looking to buy is actually the business your buying.
Entrepreneurs looking to start a startup need to fully understand the legal implications that follow, steps to do, and steps to avoid in order to build a successful startup and avoid failing. With a startup myself, I want to help other entrepreneurs successfully build their startup companies. If your eager to get started but don’t know where to go, watch this startup hustle video to grasp vital steps in the startup process.
Watch more startup videos: https://www.youtube.com/channel/UCtUlfC7SJV-GG3IbA8_PE5Q