Are YOU Ready to be an Entrepreneur?

Many entrepreneurs begin their company alone. While this is often necessary to save on expenses, it also means you are the one who can make or break your company. You will have to serve as the entity’s administration, accounting department, advertising department, IT services and provide any other necessary services. This can be a lonely, frustrating and exhausting time, so you have to prepare yourself. And, if practicable, consider working with a partner who can assist with all the necessities of running a business.

Many start-up companies don’t make it because they have insufficient funds. Before you jump at the first offer of money, however, it is important to fully consider what you will be required to give up in exchange for it. Also, you should strongly consider getting a mentor that can provide you advice and support when you need it. Finding the right investor and mentor can significantly impact your chance of success.

When it is feasible to hire employees, you will want to look for people who share your passion and also bring intelligence, skill and loyalty to your business. It can often be difficult for a start-up company to attract highly-qualified individuals. As a result, you may need to get creative with your employment offer (such as offering equity in the company or other advantages).

To help ensure your entity’s success, it is important to be realistic about becoming an entrepreneur. We can help you every step of the way.

The Swenson Law Firm is located in Orangevale and we proudly serve businesses of all sizes from all over the State of California. Contact us today to learn more about how we can assist you with matters such as trademarks, defending lawsuits, business formation, contract negotiations, hiring employees, and protecting your intellectual property. With our years of complex business trial and litigation experience, we are an effective, efficient and affordable choice in representing you at the bargaining table and in the courtroom.

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