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Top 3 legal mistakes to avoid when starting a business

Discussion in 'Business Legal Issues' started by Simon Hampel, 4th Oct, 2016.

  1. Simon Hampel

    Simon Hampel Founder Staff Member

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    Anthill magazine: Top 3 legal mistakes to avoid when starting a business

    In summary:

    1. before committing to a name, check for trade mark infringements
    2. choose the right business structure
    3. be prepared if hiring employees
     
  2. Srini Ranganathan

    Srini Ranganathan Active Member

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    Good points to remember. We've done 1 and 2. 3 would be a nice problem to have :)
     
  3. Simon Hampel

    Simon Hampel Founder Staff Member

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    Do you mean you made those mistakes? :eek:
     
  4. Srini Ranganathan

    Srini Ranganathan Active Member

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    No! We did not fall into that trap. Got the name and a registered trademark as well. Got legal and tax advise before setting up the structure.
     
    Simon Hampel likes this.
  5. RPI

    RPI Well-Known Member

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    Costs can be significant to fix later. If you grow to the stage of payroll tax you need to be very conscious of being grouped with other businesses you may have an interest in.
     
    hobo likes this.