Peter Decaprio: 10 Key Steps to Starting a Startup Business with As Little Money as Possible
According to Peter Decaprio here are 10 Key Steps to Starting a Startup Business with As Little Money as Possible: 1. Create an LLC (or another type of business entity) to own the intellectual property and liability associated with your product, says Peter Decaprio. If you’re like most entrepreneurs, talking about your idea before it’s fully formed makes you uncomfortable. As such, you may consider forming the company after you’ve worked out all the details. However, this will put you in a really tough spot when it comes to forming your company/ Because if you haven’t formed the company, then it’s going to be nearly impossible for your team or yourself to sign contracts with customers or vendors. Not to mention that if something happens and the business fails due improper planning. You’re likely personally on the hook to repay your business partners. 2. Think of a name for your business. If you’re looking for inspiration, check out this list of 25 great company names that are easy to remember. After all, you need not only be… Read More »Peter Decaprio: 10 Key Steps to Starting a Startup Business with As Little Money as Possible