Seven Tips For Starting A Business Presentation


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Seven Tips For Starting A Business Presentation

  1. 1. P. Haans Mulder Cunningham Dalman, P.C. 321 Settlers Road Holland, MI 49423 (616) 392-1821 [email_address] SEVEN LEGAL TIPS FOR STARTING A BUSINESS Serving the Holland area since 1900
  2. 2. Background <ul><li>Attorney and Partner at Cunningham Dalman, P.C. </li></ul><ul><li>Have a Masters in Tax (MST) and specialize in business planning and estate planning </li></ul>Serving the Holland area since 1900
  3. 3. Background <ul><li>Cunningham Dalman, P.C. is located in Holland and has been serving the greater Holland area since 1900 </li></ul><ul><li>We have 15 attorneys specializing in all areas of the law </li></ul>Serving the Holland area since 1900
  4. 4. <ul><li>If you are looking for perfect safety, you will do well to sit on a fence and watch the birds..... </li></ul><ul><li>Wilbur Wright </li></ul>Serving the Holland area since 1900
  5. 5. #1-DEVELOP AN AWARENESS OF LEGAL ISSUES <ul><li>You cannot be expected to know the law and that’s why you hire and develop a relationship with an attorney </li></ul><ul><li>Problems are much more difficult to solve than they are to avoid </li></ul><ul><li>An attorney will help you identify risks or potential problems and plan to avoid or minimize them </li></ul>Serving the Holland area since 1900
  6. 6. #3- REALIZE THAT LIMITED LIABILITY IS LIMITED <ul><li>This seems only intuitive, but many entrepreneurs believe that a corporation protects them from all business liability </li></ul><ul><li>Limited liability can be viewed as an additional level of insurance that protects you against business risks </li></ul><ul><li>However, like insurance, it is not bullet-proof </li></ul>Serving the Holland area since 1900
  7. 7. #4-OBTAIN ALL NECESSARY PERMITS FOR YOUR BUSINESS <ul><li>There are a wide variety of permits and licenses that are required for businesses (i.e. county, city, township, village) </li></ul><ul><li>Search at the state level whether you are required to obtain any licenses- </li></ul><ul><li>Contact local governmental units </li></ul>Serving the Holland area since 1900
  8. 8. #5- FIND OUT ABOUT FINANCING OPTIONS <ul><li>You can either borrow money or have money invested as equity </li></ul><ul><li>Both forms of financing are important, but they oftentimes come with a cost and result in restrictions on your business decisions </li></ul><ul><li>Loans are primarily with a bank and are not available unless you have collateral </li></ul>Serving the Holland area since 1900
  9. 9. #6- PROTECT YOUR INTELLECTUAL PROPERTY <ul><li>Intellectual property law allows certain ideas and intangibles to be protected </li></ul><ul><li>This includes an idea that you patent so you have a monopoly on the sale of this product for a certain period of time </li></ul><ul><li>You may protect a name or symbol to use with the sale of goods or services </li></ul>Serving the Holland area since 1900
  10. 10. #7-DOCUMENT YOUR IMPORTANT DECISIONS AND ACTIONS <ul><li>Not having something written down significantly undermines your ability to enforce a contract or protect yourself in court </li></ul><ul><li>You should be as clear and as concise as possible and always date documents </li></ul>Serving the Holland area since 1900
  11. 11. <ul><li>P. Haans Mulder </li></ul><ul><li>Cunningham Dalman, P.C. </li></ul><ul><li>321 Settlers Road </li></ul><ul><li>Holland, MI 49423 </li></ul><ul><li>(616) 392-1821 </li></ul><ul><li>[email_address] </li></ul><ul><li> </li></ul><ul><li> </li></ul>Serving the Holland area since 1900 Thank You