The obvious beginning for a business is selecting a business name
and entity type. Very few attorneys realize that in selecting a business
name, it is important to avoid using over 40 common words in your
business name or you will cripple your businesses ability to build
business credit. The selection of your business entity type is also important in terms of future issues you will face in regard to your business growth.
Entrepreneurs are often very good at providing a product or products
or in providing a service or services to consumers. Most have no idea
how to build and grow a successful business or of the great number of decisions they must make to successfully grow their business
Over 90% of businesses fail due to UNDER CAPITALIZATION so it is imperative to retain attorneys who can offer business credit building services such as our firm offers.
As set forth in our "Personal / Business Unlimited 0% Funding" section, we know how to get you the funding essential to sustain and grow your business.
Numerous other issues face the business owners which require the guidance of an attorney with a history of knowing how to successfully grow a business. Some basic decisions a business owner must
include but are not limited to:
- What should the nature of my business be?
- What type of entity should I create for my business?
- How do I get an EIN Number?
- How do I create excellent business credit ratings?
- Should I file for Subchapter S tax treatment?
- What documents do I need to file with the Secretary of State?
- What business licenses do I need?
- Where should I get a bank account?
- How can I raise the money I need?
- Where shall I lease or buy my office space?
- How can I keep my overhead low?
- Do I need a patent?
- Do I need to protect Intellectual Property?
- Should I put my ownership documents in a trust?
- Should I hire employees?
- What am I required to do as an employer?
- Who should design my website?
- How do I get a logo and domain name?
- What Business Insurance do I need?
There are but a few decisions a business owner or acting on their behalf
make. Making the right choice of attorneys to guide you through the business growth process will likely save your business from
ongoing growth pains which will inhibit or destroy your business. Failing to get the right attorneys to protect your business will likely doom it to failure.