Starting a Business

Starting a new business is exciting. Protect your assets and your future with legal documents, advice, and so much more.
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Kendall Jones, Esq.

Rocket Lawyer On Call Attorney

Common Questions about Starting a Business

How do I start a business?

Often starting a business takes nothing more than an idea and some capital; however, there are some formalities to go through. To start, you’ll probably need the proper state and federal business licenses and permits to legally operate. It’s also smart to consider incorporating to protect your personal assets. After you’re cleared, it’s all up to you to hang up your shingle and get started.

Should I start a business?

Starting up your own business is a big undertaking that will require a lot of effort and money so you better be sure it’s the right choice. While no one knows your situation as well as you do, it’s important to consider your finances, goals, type of business, family, in addition to having a plan if things don’t go well—or if they take off. It’s a personal decision, just be sure you know what you’re getting into. Just remember: every business starts with a good idea.

How can I secure funds to start my business?

Depending on your aspirations and the type of business you plan on opening it may not be feasible to set up shop in your garage. Beyond your own capital, you may need to secure funds either through a business loan or from investors. Regardless of how you do it, make sure to document your agreements to avoid complications and to stay organized.

How can I make my business successful?

Many people start businesses and it’s no secret that most of them aren’t successful; however, there are some things you can do to better your odds. Get a business plan: what’s your product, what’s the market, and how are you going to get the two together? No matter how big your business is, it’s important to know where you’re going and how you’ll get there. The rest is up to you and your dedication to making something great.

Need More Information?

Visit our Guide to Starting a Business for more detailed information about what it takes to get started and give yourself the best chance of success.

Starting a business?

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More Documents for Starting a Business

Find the Right Structure

Partnership Worksheet Begin formalizing your partnership
Articles of Incorporation Worksheet Organize your information before incorporating
LLC Worksheet Make sure you have what you need to start your LLC

Raise Money

Business Proposal Get investors on board
Offering Memorandum Attract capital
Private Placement Memorandum Start an investment relationship

Start a Partnership

Partnership Agreement Kick off a successful business partnership
Silent Partnership Agreement For when a partner doesn't need to share the spotlight
Limited Partnership Agreement Define the terms of your venture

Hire Employees

Employment Application Find the right fit for your new business
Confidentiality Agreement Keep your information in-house
Employment Contract Hire your first employee

Get Temporary Help

Temporary Employment Contract Hire temporary help to get your business humming
Work for Hire Agreement Hire someone for a specific project
Independent Contractor Agreement Solidify your relationship with a contractor

Set Things Up Right

LLC Operating Agreement Set the rules for your new LLC
Buy-Sell Agreement Work out details with co-founders
Corporate Bylaws Create the structure for your corporation
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