WHAT TYPE OF BUSINESS ENTITY SHOULD I FORM?

You will need to establish the legal structure for your business, such as a C Corporation, S Corporation, or a Limited Liability Company. This will depend on the individuals involved in your business, tax implications, and liability risks. Once you have decided on the legal structure that is best for you, you will need to register your business in the jurisdiction of your choice.

WHY ARE SO MANY BUSINESSES INCORPORATED IN DELAWARE?

More than 80% of Fortune 500 companies are incorporated in Delaware, and for good reason. Delaware is widely regarded as having one of the most sophisticated and modern corporate statutes of any state, and it devotes significant time and effort to developing corporate expertise within its courts.

HOW DO I PROTECT MY BUSINESS IDEAS?

Depending on what is at stake, there are several options available for protecting your business ideas from being stolen or copied by others. If you would like to ensure that your business partners or employees do not share important business ideas or information with others, your best bet may be to create a non-disclosure or non-compete agreement that employees can be required to sign.

DO I NEED AN EMPLOYEE HANDBOOK?

No matter how small your business, it can be a good idea to have an employee handbook. A document of this nature can clearly establish rules, rights, and expectations for employees. Having these policies memorialized can increase efficiency, and also serve to protect you from litigation.

WHAT DOES IT MEAN TO “PIERCE THE CORPORATE VEIL”?

“Piercing the corporate veil” is a legal term of art that refers to holding a business owner, officer, or director personally liable when they have engaged in wrongful conduct, such as failing to maintain the required separation between the individual and the corporate entity.

HOW IS GO LEGAL YOURSELF DIFFERENT FROM LEGAL ZOOM?

Consider these factors before deciding whether choosing an online legal services company over Go Legal Yourself is your best choice:

Other online companies do not analyze what type of entity is best for you.

Other online companies do not discuss the levels of liability protection available to you nor how to conduct your business for maximum protection.