Getting Legal Right When Starting Up

Starting a business is hard. I am aware. Starting a business right is even harder. When money is tight, misspending money can literally kill your new business. As I have started a business, I have felt how important each penny is. Some pennies keep the lights on, and anything that does anything other than that can be hard to prioritize.

Getting legally established and protected is, of course, super important to your business, that is, if you plan on it succeeding and growing. Who knows where to even start and thinking about the whole process can be terrifying.

I recently learned about Preti Flaherty’s Launch Pad program, and I have grown to love it. We are so fortunate to live in this little city that has so many resources we can learn from.

One of my favorite SMBME regulars, Maddie Purcell of Fyood Kitchen, recently went through the program and I asked her if we could do coffee and she could tell me about her experience.

If you haven’t heard of Fyood, you are in for a treat. Operating in Fork Food Lab, Fyood is a cooking competition where cooks or teams of cooks create final dishes with four mystery ingredients. Dishes are presented to a set of judges and then everyone shares a full meal family style. The whole event takes about 3 hours and you end up eating a six-course meal. The event is even BYOB, how fun is that?!?

Fyood has standing weekly events but is really seeing growth with private parties, birthday parties and team building events with businesses.

Maddie said she first heard about Launch Pad from a flyer at Cloudport. At the time, she was in the middle of a Kickstarter campaign and knew she was going to need help separating her personal and business finances. She said after doing lots of “unproductive Google research” she was overwhelmed and knew she was going to need help but startup funds are tight.

She said going through the Launch Pad program was a relief because it took the responsibility off her to try to figure it out and put her and her growing business in the hands of professionals. It took one of the thousands of things a business owner needs to do off her plate. She loved the team, she got the assistance she needed, plus they thought of things she would not have thought of herself at this phase of building her business.

If Launch Pad sounds like something you want to check out, contact the folks at Preti or just apply. They do have limited spots, so you need to do the application.

Again, I know there are thousands of things we are working on in our businesses. This is a simple and complementary way to make sure one of the most important parts is handled… well. THAT is what could make the difference for you.

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