MADE XXXX INC
It ' s a new year and as a creative entrepreneur you are focused , ready to “ be great ” and reach mogul status like Diddy and Jay Z . This is your level up year and time to make major business moves . You are going to take a leap of faith and turn your side hustle into a full-time business . You have committed to scaling your online magazine into a multi-million dollar brand .
According to the Small Business Administration ( SBA ) estimates , over 627,000 new businesses open each year . SBA statistics also show that at the same time about 595,000 businesses close each year ( latest statistics as of 2008 ). But that still leaves a potential 32,000 companies to power through to success the next year . In addition to proper marketing and advertising , honoring ethical agreements and having a valuable product , being reasonably savvy with the legal side of starting a business helps , too .
Here are three legal tips to help you protect yourself as a creative entrepreneur and your business :
NEW YEAR . NEW YOU .
New Business
3 LEGAL THINGS TO DO WHEN LAUNCHING A BUSINESS THIS YEAR
MADE By Johnetta Paye + Shamontiel Vaughn
PROTECT YOUR INTELLECTUAL PROPERTY : As a creative entrepreneur , you are constantly creating . Say for example you are a producer and created a dope beat . You want to protect your ability to
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