My Practice Advisor

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Starting a Business

Are you cut out to be an entrepreneur? And do you know all the steps to get your new business off the ground? Get expert advice here.

Help in writing a loan proposal.

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The basic requirements for a business to receive an SBA loan.

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Brief descriptions of common business ownership structures.

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Know the essentials in borrowing money. Can your business afford it?

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Know when your business breaks even and when you can expect a profit.

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If one of your employees causes an accident, can an injured person sue you and take your house, car, or savings account? Are you paying more taxes than you should on your business income? These are important questions that many small business owners ignore, yet the answers depend on the business' legal structure.

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The pros and cons of buying an existing business versus starting fresh.

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Answers to questions frequently asked when buying a franchise.

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Finding a profitable business to buy.

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Make sure you and your attorney review the final points of the sale.

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How to get the best commercial lease for your business.

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Get the answers to commonly asked questions regarding copyrights, patents, and trademarks.

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The basic elements examined in every loan application.

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Know how the bank uses a credit scoring system to determine their acceptance of your loan application.

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Know the elements to examine when calculating a business' value.

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Know the legal aspects of owning a business; includes zoning laws, permits, and the environment.

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Required size standards for a business to receive an SBA loan.

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Learn answers to important questions about the EPA and your business.

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Learn to anticipate your initial business cost.

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Answers to questions frequently asked about the exporting business

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Learn where your credit report comes from and how it affects your loan prospects.

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Make sure you know the federal requirements for your business, including specific licenses, Employer Identification Number (EIN), and registration.

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How do you plan to finance your business? This is especially important for new enterprises.

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Know how to find various sources of capital to begin your business.

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The pros and cons of different types of ownership, including sole proprietorship, partnering, corporations, and limited liability companies.

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Answers to commonly asked questions about franchising.

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Get a general description of franchising.

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Learn to research your perspective franchise and examine its possible problems.

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It is essential for the business owner to know how to manage his/her finances.

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Find out if your ideas can get a copyright or patent.

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Detailed explanation about how this program operates.

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Essential elements that should be on your lease agreement.

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Develop and organize your loan proposal.

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Specific information on trademarks, service marks, certification marks, and more.
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You must know your personal finances and credit before starting out on your own.

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Learn to identify your product's unique features and benefits for your advertising campaign.

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Protect your ideas or inventions from others' infringement.

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Before making the final purchase, examine the business carefully. Use of a qualified attorney is important.

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Essential elements that should be on the final sales agreement.

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Explanation and requirements of the SBA's most basic and used loan program--the 7(a) loan.

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What the SBA offers to help your small business grow and profit.

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Some structures are only available in some states.

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Plan for the initial expenses your business will have.

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Make sure you research your state's requirements for business, including permits, licenses, and registration.

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Cultivating a friendly relationship with your banker will benefit your business in many ways.

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Learn about the pros and cons of offering stock.

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Learn what a surety bond is and if it can help your business.

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Types of zones and their specific regulations.

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Sometimes a lawyer can help you get around zoning regulations.

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