Create | Consult | Control

Steve O'Donnell, Ph.D. Registered Patent Attorney

Stacks Image 872
Stacks Image 873
Stacks Image 878
Stacks Image 879
Stacks Image 880
Stacks Image 881
Stacks Image 882
Stacks Image 883
If somebody offers you an amazing opportunity but you are not sure you can do it, say yes – then learn how to do it later!
Richard Branson
Entrepreneurs are fiercely independent and in control of their business. For many, the hardest thing they'll ever do is delegate responsibility to someone else.

Lets say you have a product to sell, but no background in sales. You can try to learn how to sell, or you can focus on the rest of the business and hire someone with a proven sales record. It's hard to do, I know, I don't like delegating work either, but it's important to know what you don't know, and act accordingly. You certainly won't drive around all day delivering products when you could just hire a shipping company to do that, so why should you feel like you have to do everything else yourself?

Some tasks you can learn and apply to your business, for others it makes more sense to outsource to work to someone else. Legal issues are things you probably want to outsource. Maybe you've started an LLC before so you're confident you can do that. Maybe you are, if it's the same type of situation. If you were the sole owner of the other business, and the new one is also just you, then you probably can set up the corporation yourself. If this new venture has co-owners then it's a different beast that needs to be approached more carefully. Additionally, failing to take the proper actions may expose your personal assets if the company is sued, even though you thought you were protected by the corporate shield. Other mistakes can result in punishing fines that could have been easily avoided, just by knowing what questions to ask.

You might not need full-time, in-house counsel, but that doesn't have to mean you can't have many of the benefits of having a lawyer on staff. For interested businesses, I offer flexible subscription-style retainer agreements. Whether you need 5 hours a week, of 2 hours a month, whether you want me to come in one day a month or if you want to just call me when you have a question, we can find a level of service that suits your business.