
An article by Dr. Andreas B. Schrettl
When starting a business, there are countless things to consider. Naturally, the focus is on those that directly contribute to bringing the business idea to life. To this end, it’s almost second nature to seek advice from business or startup consultants, coaches, and the like, and to exchange ideas with other experienced entrepreneurs. During this creative startup phase, one (usually) feels far removed from legal “problems” or even conflicts; rather, the goal is to prevent such issues from arising in the first place or, if disputes do arise, to find solutions through business-oriented means whenever possible.
However, in order to establish and maintain this freedom to conduct business (from a legal standpoint), it is important to set up the company in a legally “sound” manner across all its divisions from the very beginning and to lay a solid legal foundation.
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