How do you protect your business from potential legal issues or conflicts? Jeff Bell offers tips on documents every entrepreneur needs.
Bell is CEO of Dallas-based LegalShield, which provides legal services.
Form a limited liability business entity
Businesses face internal and external risks. Without a formal business entity filed with the Texas secretary of state’s office, a business owner’s personal assets could be at risk. Limited liability companies are easy and inexpensive to form in most states and provide you the needed protection.