I have been talking to another person lately about starting a venture together and one topic of course was budget. The thing was this is something that doesn’t need a lot of capital in the beginning. However, wen it comes to forming the actual company such as incorporating we were just discussing if we should use say a lawyer or not as those fees can go up to a thousand dollars. In some ways it seems a little crazy as that alone costs more than the resources to start the business.
That makes you wonder in that case would you be inclined to just skip professional services like that and do it yourself? I must say though, for the most part the thought of not doing something correctly made us lean towards just wanting to use like a lawyer. It’s always more complicated when there are more people involved. If this was a solo venture I would be more inclined to just register the items directly and simply paying the government fees. But when there are more people involved I guess you want to try your best to make sure everything is right in the beginning.