Remember, an attorney will provide services fundamental to the success of your business. There are several methods for selecting an attorney. It may be prudent to seek recommendations from other business owners. The public library is also a place to obtain reference books on legal topics. Included in this group is the Small Business Legal Advisor by William A. Hancock, published by McGraw-Hill.
Many people starting a small business fail to consider their insurance needs.
A well-planned insurance program is essential for protecting a business from unforeseen losses and significant financial burdens. Recognize the perils facing the business and the potential loss from each. Study insurance costs . Before purchasing insurance, investigate the methods by which you can reduce the cost of coverage. Have a plan .