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PITFALL: No team of advisors

If you have read through points 1-10, you realize that you may know a lot about the product or service you sell, but there are many aspects to running a business about which you know little and which can cause costly errors. Arming yourself with a competent team of advisors, including at least a business attorney and a CPA, will free you up to do what you do best. Other advisors may include a human resources expert to help set up employee manuals, a valuation expert in the event of a stock sale or a financing event, and an insurance broker who understands your industry. Scheufler Law has set up a team of trusted advisors to help protect and promote the interests of our business clients.

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