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Message: <blockquote data-quote="Yora" data-source="post: 5804370" data-attributes="member: 6670763">The legal part is really easy, at least for what I can say about Germany. And I assume that it's even a lot more simple almost anywhere else in the world, espcially under common law.The greatest obstacle is to get funding. You will have lots of costs way before you get any income, so you can't just start at zero, but need to find a way to raise the monney. Bank may give you a loan, but they probably want some reassurance that they will ever get it back. So unless you want to be in permanent debt, you better have a really good product that you can sell in quantities great enough to get even and also make a profit.Don't know about the number, but lots of small companies start as small businesses and then realize after two years that they don't make any profits are are closed again. If lots of money is involved, it is almost mandatory to make the business a seperate legal entiry. So if the business fails and is broke, they can't get to your private money to get their money back. However, I know of a lot of small to medium businesses here that don't. But if your business is successful, that isn't really a problem. Only when it doesn't work out you really have one.Problem is, that many people won't be willing to deal with you if they are not sure they will ever get paid. So they will demand cash upfront before giving you anything. Which is why you need a considerable batch of money to start with.</blockquote>

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