What You Need to Know Before Starting a Company

[mandy]

Often people start a company without any clear idea of what a company is. Entrepreneurs closet themselves in the garage and start writing code. While the modern tech world could not exist without obsession, artistic inspiration and crazy engineers, there's more to a startup than passion.

In this post, we explore the basics behind corporate entities, stock, financing, and the key non-technical infrastructure every company should have.

To make an idea really powerful, a startup needs to become a real company. In former days, this might have meant bureaucracy, and lots of financial and legal infrastructure. Today's tech companies are simpler, but still require a set of rules, and you need a rudimentary understanding of business law when forming a corporation...

full article: http://www.readwriteweb.com/archives/sta...ompany.php