- Start early.
- Obtain a group of trusted advisors and ask them questions.
- Have an open and honest dialogue with business partners.
- Know your goals.
- Devise an exit strategy.
- Incorporate your business and obtain the necessary licenses.
- If applicable, ensure your business.
- Insure yourself (life, disability, and long-term care) and your business partners (life and key-person insurance).
- Have a personal estate plan in place.
- Have fun.
If you have any questions about your current business structure and are located in Philadelphia, Montgomery, or Delaware County, please contact us.
