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Are you thinking about starting a business? Or maybe you already have your startup up and running but want to make sure you're doing it right. Great, then this series is just right for you! In this video, the process of starting a business is explained step by step from a legal perspective.
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Starting a business doesn't have to be complicated. We're here to help you.

In our first part, we'll quickly go over our 16-step legal checklist for startups and small business owners. This list is designed to help startups, entrepreneurs, and small businesses set up their organization in a thoughtful and legitimate way. It will also help you create legal protections that many entrepreneurs often overlook.

This video is just a quick overview of our checklist. We will be releasing more videos in the coming weeks that cover each topic in more detail.

And now, without further ado, here is the 16-step legal checklist for small businesses:

1. Define your mission
2. Define your end goal
3. Define your “who”
4. Define your “where”
5. Protect your brand
6. Plan your financing
7. Choose your entity type
8. Register with your state
9. Select tax treatment
10. Get an EIN from the IRS
11. Open a separate bank account
12. Determine the regulations of your industry
13. Determine your liabilities and insurance needs
14. Set up an accounting system
15. Set up your basic contracts
16. Keep it simple

The full list can be found at https://www.lydalawfirm.com/startups-checklist/

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Contact Lyda Law Firm:

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Website: https://www.lydagroup.com
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Instagram: https://www.instagram.com/thelydagroup
Twitter: https://twitter.com/LydaGroup
Twitter: https://twitter.com/MarkLyda

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All videos are for educational and entertainment purposes only. This is not legal advice and should not be considered as such. Every case is different. Consult a licensed professional in your state. Mark Lyda is a licensed attorney in Colorado. Viewing this channel or its content does not create an attorney-client relationship with Lyda Law Firm or any of its attorneys.

Please take the opportunity to connect with your friends and family and share this video with them if you find it useful.