Starting your business is an exciting time – one that’s full of new beginnings and endless possibilities. As you focus on the big picture, it’s easy to ignore the minutiae of organizing your company. But those details matter – and ignoring them can be hazardous to your company’s health. In some cases, it can be fatal.
There are plenty of pitfalls startups can fall into, but here are five of the most common – and most dangerous:
Choosing the wrong entity – There are numerous corporate structures, including (but not limited to) sole proprietorships, partnerships, Limited Liability Corporation and C-Corporations.
To read the full, original article click on this link: 5 startup legal pitfalls you need to avoid | VentureBeat
Author: Curtis Smolar
