1. Business Formation: Opting for limited liability form of business
2. IPRs: Identifying and protecting the IPRs
3. Compliance: Know which laws are appliable to you and comply
4. Data privacy & Protection:protect your business data as well as your clients data
5. Insurance: Cover business with insurance to protect assets and revenue, liabilities, and personnel
6. Contracts: Well defined written contracts prior transactions
Six thumb rules to protect the new business
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