Legal-Ease: Steps to starting a new business

Lee R. Schroeder is an Ohio licensed attorney with Schroeder Law LLC in Ottawa. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at lee@leeschroeder.com or at (419) 523-5523. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

When starting a new business, many people want to jump into the marketing phase and get the word out before their business is actually ready for that. Ensuring that your insurance, accounting, banking and legal set-up is in order is important before spreading the word, in case your business doesn’t progress as intended.

This week, in addition to advising others as they start new businesses, I am starting my own business. After 12 years working for other attorneys, I am establishing my own law firm. As I have gone through this process, I have been able to recognize the importance of doing the right things, and in the right sequence.

First, I worked to ensure no hard feelings with my previous employer. Direct and honest communication usually does the trick in this context, and my communication about our differing philosophies of the practice of law and conduct of business has made my departure amicable.

Read Lee’s full article on starting a new business in the Lima News here: Legal-Ease: Steps to starting a new business

Source: LimaOhio.com, Legal-Ease: Steps to starting a new business, by Lee R. Schroeder, September 27, 2014

Posted in Business Law, Small Business and tagged , , .