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August 22, 2005
Common small business legal mistakes
Legal issues are some of the hardest issues for small business owners to understand. We recommend consulting with an attorney before starting your business. The attorney will be able to help you make correct decisions regarding the business type, employment questions, etc. When you are writing your business plan these issues are also very important.
Here are a few legal issues that small business owners often overlook.
1. Forgetting to "put it in writing"
2. Poorly written employment agreements
3. No attorney for your company
4. Poor knowledge of the law
5. Improperly kept records
6. Incomplete or unclear partnership agreements
7. Working with the wrong buiness type
This information is summarized from an article at Allbusiness.com. Please visit this website for the complete text.
Posted by Jon at August 22, 2005 10:08 AM