Starting a new business? Need some advice from someone who has been there?

Giving advice regarding starting a new business is a little bit like the blind man describing an elephant: it depends on where you are standing. For example, a government official will focus on permits, licenses and taxes; an accountant may emphasize accounting, payroll and tax issues; and a marketing person will develop your identity, brand and unique selling proposition.

As an Arizona business lawyer, I consider the following items to be important in starting your business:

1. An entity

2. Source of Capital

3. Business Plan

4. Your Team

5. Due Diligence

6. Start-Up Capital

I hope this partial list helps. If you need further help you can always make an appointment with the firm for your entity, trademark, contract, litigation, or other matter.

If you have questions about business law, call The Law Office of Donald W. Hudspeth at 602-265-7997 or toll free at 866-696-2033, or contact us at TheFirm@azbuslaw.com. We are Phoenix's business law resource.

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