Whether starting a business or transforming one, it’s important to have a written business plan. A business plan should start with an executive summary that briefly describes the business’s products or services, its market and competition, and its management. The executive summary can make or break a business’s pursuit of investors.
Internet start-ups are exciting ventures that can achieve remarkable growth on a shoestring. But smart entrepreneurs realize the value of hiring attorneys to form a legal entity for their start-ups, whether the entity is a corporation, partnership, or limited liability company. If a start-up comes to you for help, would you know the key pre-formation questions to ask?