Legal, accounting and insurance. Having good legal for setup and contracts. Having a good accountant/advisor to keep you out of trouble. Having good insurance to make sure someone else can't come along and take away your success.
Your comment about the taxes is perfect. One of the fastest growing start-ups I had ever seen was a contractor who got a contract to replace all the windows in local schools across an entire county. The instant revenue growth was staggering. And his demise was just as fast when he failed to file his W-2's and 1099's timely and the business was shut down. Penny wise and pound foolish.
Answered 11 months ago by Richard Veltre
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