The Watson Firm

View Original

Everything You Need to Start a Business in Alabama

Below is a non-exhaustive list of everything you need to start a business in Alabama:

Everything You Need to Start a Business in Alabama

Great Seal of Alabama

 A  Problem customers face

  An  Idea  that solves that problem

  Solution  you can provide

  Patent  to protect the Solution

  Business Model  to implement the Idea

  Legal Entity  to protect the Business Model

  Tax ID Numbers  to identify the Legal Entity

  Trademark Search  to survey the landscape

  Financing  to fund the Business Model

  Partners  to share the work

  An  Operating Agreement  to set expectations between the Partners

  Business Licenses  to allow the Legal Entity to operate

  Process  to provide the Solution

  Confidentiality Agreement  to define and protect the Process

  Employees  to conduct the Process

  An  Employment Agreement  to allow Employees access to the Process

  An  Employee Handbook  to address questions Employees have

  Vendors  to supply components for the Solution

  Vendor Agreement  to set expectations with the Vendors

  Trademark  to identify the Solution to the public

  Trademark Registration  to protect the Trademark

  Buy-Sell Agreement  to transfer the Idea to a Partner

  An  Exit Strategy  to transfer the Idea to someone else

Or, you can let us help you get started.