A fledging business doesn't just need a solid business plan; it also needs a strong legal foundation. This foundation is not "one size fits all," so it's important to tailor your choices to your specific industry and your risk tolerance, long-term goals and budget. Frantz Ward attorney Alanna Guy joins the podcast to discuss the building blocks necessary to start a new business, from choosing and forming the appropriate legal entity, to preparing documents for managing the entity, to considering what other safeguards might be necessary to set your business up for long-term success.