Running a small business in places like Chicago, San Diego, or any other city comes with more than just day-to-day operations.
Many owners focus on sales, marketing, and growth, but forget to prepare for the legal issues that can arise. The legal problems don’t always come with a warning, and when they do show up, they can be disruptive, expensive, and time-consuming.Whether it’s a contract problem, a workplace concern, or an unexpected dispute, not being prepared can cost more than just money—it can slow your entire business down.
That’s why it helps to understand where the legal risks are before they become real problems.In this post, we’ll walk you through seven legal situations every small business owner should plan for.Let’s get started.One of the first legal steps is choosing how to structure your business.
This choice affects your taxes, personal risk, and legal duties. Many start with a sole proprietorship because it’s simple. But it also means your assets could be at risk if something goes wrong.An LLC (Limited Liability Company) is a popular option.
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