Welcome to the school for startups minute, with Jim Beach. This year we have been going through every single step you need to do to start a successful business and I hope you can do a low risk startup. Meaning you spend under five thousand dollars to test and validate your new idea. This week, we will go through all of the legal things you need to do to get up and running and you may notice. This is pretty deep in the series. We've been going a couple of months now. And I'm just now, bringing up the legal stuff. That's because you don't want to do it until you need to do it. Your dream is to have a check in hand, but no bank account yet.
You need to build a notebook that has your articles of incorporation or organization, depending on state your bylaws and minutes. You can find samples for all of those online.