It seems to me that entrepreneur’s face two main legal issues. First is choosing the correct structure that best fits their venture. Partnerships are the easiest to set up yet offer the least protection. S-corps and LLCs offer more legal protection and . C-corps are the most protected and have other benefits for taxation and venture capital fundraising. Choosing the right vehicle for your business is essential and it may be worth the money to hire professional legal help to ensure all paperwork is filed soundly.

 The second issue is related to the first. If it is not a sole-proprietorship then disagreement and legal arbitrations between partners or founders can plague an business due to conflicting ideas or plans. A strong business charter with well thought out goals and clauses for buyout and conflict resolution can help keep all members working together and propelling the business forward.