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Every day, entrepreneurs in the District of Columbia bring their visions to life through start-ups. Launching a new venture is never easy, but many of the potential entanglements could be resolved with the assistance of a seasoned business law attorney.
No matter what industry you are in, a Washington, DC start-up business lawyer could provide valuable legal services for new companies. From selecting the appropriate business entity to addressing issues of founder equity, now is the time to seek out legal counsel for your flourishing new business.
Many start-ups are a collaboration between talented entrepreneurs. While each person brings their own unique skillset to the table, determining if and how these individuals will earn equity in the company depends on your needs and goals.
Many founders and early employees sign on with a start-up with the expectation that they will become equity owners. A startup attorney in Washington, DC could advise a business owner on what to expect and how best to structure equity shares.
Before a start-up can get off the ground, the founders must first determine what type of legal entity the business will be. This choice should not be made lightly, as the type of entity selected will have major taxation, financing, and personal liability implications.
The process for converting between entity types can be complex and expensive. A lawyer in Washington, DC could help an entrepreneur determine what type of legal entity might work best for your start-up business.
There is a lot that goes into picking the name of a start-up, and this work goes far beyond picking something that sounds appealing. While picking the right name is important for branding and marketing, legal problems can arise by picking the wrong name.
Many owners name their business only to later learn it is already in use. While a basic trademark search is an important step in the process, an attorney could also dig deeper. A attorney in Washington, DC could not only work to identify businesses with similar names but also provide legal insight into whether using a certain name for a start-up is likely to result in confusion between brands. In some cases, selecting a different name could be the best option to avoid costly litigation.
Before your start-up opens its doors, there are many important decisions that must be made first. A Washington, DC business startup lawyer could assist with these decisions from the very beginning of the process. To learn how I can help you with your business venture, call or e-mail me today.
The Law Offices of Jay Gupta
