[Money Monday] 7 key ingredients to starting a business

Pay attention to legal issues such as shareholder agreement, business registrations

Legalities

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Whether the business is a partnership, corporation, or proprietorship, pay attention to legal issues such as shareholder agreement, business registrations, protection of the business name, patents and copyrights, local regulations, among others. Some experts advise choosing a lawyer, an accountant and a business consultant to counsel you as you are about to start the business.