What are some common legal mistakes startups make?
Startups often overlook important legal aspects like proper business structure, contracts, and intellectual property protection.
Can you elaborate on the importance of choosing the right business structure?
Choosing the right business structure affects liability, taxes, and funding options. It's crucial to consult a legal expert.
What about contracts? Why are they important?
Contracts are essential for defining relationships, protecting interests, and preventing disputes. They provide legal clarity.
How can startups protect their intellectual property?
Startups can protect their IP by registering trademarks, copyrights, and patents, and by using non-disclosure agreements.
What should I do if I think I've made a legal mistake?
If you suspect a legal mistake, consult with a qualified attorney immediately to assess the situation and explore options.
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