One of the main legal issues to consider when starting a small business is determining the appropriate legal structure for your company. Whether you choose to be a sole proprietorship, a partnership, an LLC, or a corporation will have significant implications on your liability, taxes, and governance.
Another important consideration is ensuring compliance with local, state, and federal regulations. This includes obtaining the necessary licenses and permits, adhering to zoning laws, and complying with employment and labor laws.
Lastly, it's crucial to protect your intellectual property by trademarking your business name, logo, or product design to prevent others from using or copying your ideas without permission.
Grant Eichmann
Joined: 3 yrs
