Our last installment of Experience Talks focused on the life cycle of a startup business. Leading the April 28 discussion were five Chattanoogans with plenty of experience in the startup world.
Looking to expand your legal knowledge? Read on for a few sound bytes from the session:
- Chuck Fischer / Grant Konvalinka & Harrison: “Changing the scope of your business does not usually require changing your entity.”
- Jason Mirmelstein / Chambliss, Bahner & Stophel: “Let your ideas percolate. Find mentors and flesh out your concept before you go to a lawyer.”
- Ann Christopher / Kenco: “Define who has ownership in your company early on.”
- Alicia Brown / Chambliss, Bahner & Stophel: “Think about your public face and what you need to trademark. It’s not just local anymore.”
- Bo Ferger / QuickCue: “Many businesses die not from a bad product, but from legal problems within a team. Be realistic about what you know and what you don’t know. When you start out, you’ll need help every step of the way.”
Want more? If you’re a small business in need of legal guidance, take advantage of free advisory services twice a month on Wednesdays at the BDC and twice a month on Fridays at CO.LAB.