Business Formation Attorney in Oakdale, Minnesota
What advice do you have for people starting a business and selecting a business type?
What advice do you have for people starting a business and selecting a business type?
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i think it’s important when starting the
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business and understanding what might be
00:08
the best type of business for
00:11
for you to form is build a team have
00:14
your attorney
00:16
an accountant and a banker usually that
00:18
can help guide the setup process and
00:21
take the time to do it right oftentimes
00:25
when business disputes arise it’s
00:27
because the owners haven’t taken the
00:30
time at the beginning to have a solid
00:32
foundation to build their business
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around and that foundation involves your
00:36
attorney to set up the entity correctly
00:39
and have the appropriate governing
00:41
documents it involves having your
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accountant be able to guide you through
00:46
the tax
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advantages and pitfalls of the different
00:49
entity and having a good business
00:51
relationship with your banker
00:53
if there are lending needs that your
00:54
business might need but it’s important
00:56
to make sure that you build that proper
00:58
structure rather than just diving in and
01:00
saying well we can we can deal with this
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later when you take that approach that’s
01:04
oftentimes
01:05
when problems happen and litigation
01:07
becomes inevitable
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Oakdale, MN commercial litigation attorney Brandon Schwartz gives his advice for people starting a business and selecting a business type.
