I am planning to start a concierge/errand service within the next year. Money will be tight. The company will begin as a sole proprietorship and will be home-based, no employees. I will have my AAS in accounting next May, so I think that I can handle the accounting stuff myself. For the type of business, I think that I will need insurance/bonding, but I was wondering if it would be okay to forgo this until I'm actually bringing in revenue. I definitely won't have the money for a lawyer, but I'm afraid that if I write contracts, releases, etc. myself that I will leave something out and put myself in a vulnerable position with clients.
So my question is can a start my business without a lawyer and insurance for now, or do I NEED to go ahead and invest in it? What can I do to protect myself on a shoestring budget (I'm talking tiny budget, $2500 max)
2007-08-05
18:00:03
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2 answers
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asked by
Kasheia W
2
in
Small Business