There are few things in life more satisfying than starting your own business. Unfortunately, there are also few things that are more complicated. From the initial idea to business formation and contracts, suddenly every decision is on your shoulders. Like most business owners in Wisconsin, you probably realize you need help navigating the world of small business law.
Selecting the right corporate form for your business is about more than selecting which letters you tack on to the end of its name. An LLC — limited liability company — will function much differently than a sole proprietorship or standard stock corporation. You need to understand the implications of your chosen business formation so that you can run your business from a place of knowledge instead of winging it as you go along.
You might think that choosing your corporate form is one of the biggest decisions you will make, but you will be faced with dozens of decisions on daily basis. How should you enforce a contract? Is it the right time to franchise? Is a joint venture in your future, or is a dissolution more realistic? You could easily get decision fatigue by trying to answer these questions, day in and day out, without any guidance or input from a qualified person.
The early days of your business can be rough. Quick and easy access to expert business advice can be a lifeline during difficult times, especially when you suddenly realize that you have yet to establish personnel policies and you have new employees coming soon. For more information about business formation, advice and other Wisconsin small business law topics, make sure to check out our website.