by Lisa Derby Oden

January 31, 2012

Comments

  • Business entity decisions

    Lisa, thanks for this thoughtful post. Interestingly, it can be relatively inexpensive to engage a law firm to ensure your LLC or Corporation is set up right as many of the larger firms have systematized the process. While there are companies advertising and promoting DIY solutions, I wouldn't recommend it. If memory serves, the legal fees associated with the LLC we set up were close to the filing fees (of course, these differ in every state, but it was under $400 at the time in NY). So, I second your recommendation to engage professional help - whether it be for business plan development, legal, accounting or even copy writing. Specialists can save you a lot of time and headaches while helping to increase your effectiveness as a business operator and promoter.

    Posted by Nanette Levin February 03, 2012 17:46:31

  • Stepping into Business on the Right Lead

    I like this post because so many of us are too eager to 'set up shop' without thinking ahead first. It's much like riding a horse in the correct lead. If the basics are not in place, the 'you should use this cue' won't mean a thing to the horse. Oh, it may eventually work out, however, the lost footing will be expensive in your time, lost productivity and too much catch up. Do it right - first!

    Posted by Joyce Leake February 01, 2012 13:48:58

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