A business start up is a challenging and rewarding endeavor. The government regulations for a business start up are like a maze. Mazes are designed to challenge and entertain their patrons. They are not designed to be so scary that they become life-threatening. A few years ago a family in Massachusetts became so disoriented in a maze, they called 911 for help to be retrieved by police just 25 feet from the exit. The parents who had a six week old infant and a small child aren’t getting much sympathy. They have become a target for late-night jabs from television hosts like Jay Leno and Chelsea Handler.
Laugh if you will but this family can act as a symbol, if you will, of the importance of being prepared, before you enter a the business start up maze. Many business fail in the first five years. Often it is because theowners are running like rats through the start up maze
In the maze of business start-ups many get trapped. More than 50% of small businesses fail with in five years of formation. The correct legal foundation could make all the difference in your business. How can you structure your business so you have the proper liability shield so that you can deflect a lawsuit? How can you structure your business for the most favorable tax climate? These questions can be answered to your benefit and could save your business. I have created a home study course that helps you answer the questions and get it done. The LLC Wizard has it all there for you.