25 FREQUENTLY ASKED QUESTIONS ON STARTING A BUSINESS By Kelly Bagla, Esq. Having been a start-up lawyer and entrepreneur, I have been asked many of the following questions over the years by entrepreneurs when starting their company. Sometimes there isn’t an easy answer, and as lawyers often like to say, “it depends on the circumstances.”…
You may have heard of or even use “Social Media Influencers.” This is where businesses sometimes try to reach a broader audience by enlisting “social media influencers,” a term for people who have achieved some level of popularity or recognition online. Social media influencers endorse a product or service offered by a business on platforms…
Artificial intelligence (AI) is rapidly changing the world, and the legal profession is no exception. AI-powered tools are now being used to draft contracts, including buy/sell agreements. While AI can be a valuable tool, it is important to be aware of the potential pitfalls of using it to draft legal documents. Many people believe AI…
Starting a business is a big undertaking, but it can be incredibly rewarding. If you’re thinking about starting your own business, here are five major tips to help you get started: 1. Do your research. Before you do anything else, it’s important to do your research. This includes researching your target market, your competition, and…
Starting an online business is an exciting prospect, but it’s important to be aware of the legal risks involved. Here are a few tips on how to protect your online business legally: 1. Choose the right business structure. The first step is to choose the right business structure for your online business. There are three…
When starting a new business, one of the most important decisions you will make is where to register your corporation. There are many factors to consider when making this decision, such as the state’s corporate tax rate, fees, and regulations. Here are some of the best states to register a corporation in the US: Delaware:…
Selling a business can be a complex and intricate process that involves numerous legal considerations. Whether you’re a seasoned entrepreneur or a first-time business owner, enlisting the assistance of a skilled business lawyer can make a significant difference in navigating the complexities of a business sale. This article will explore the invaluable role a business…
Acquiring an existing business can be an exciting opportunity for entrepreneurs looking to expand their operations or venture into new markets. However, the process of buying a business can be complex and laden with legal intricacies that demand careful attention. That’s where a skilled business lawyer, such as those at Bagla Law, specializing in business…
Starting a business with family members can be an attractive option for many entrepreneurs. It offers the opportunity to work with people you know and trust, and it can also be a way to keep the business within the family. However, there are risks associated with starting a business with family members that should not…
Introduction: In the world of business, the formation and governance of corporations play a significant role in ensuring stability and growth. A crucial aspect of corporate governance is the establishment and adherence to bylaws. This blog post will provide an overview of bylaws in corporations, highlighting their importance, components, and the process of creating and…
