When you are developing your new business, you have a lot on your mind. Perhaps you are putting the finishing touches on an invention, or working out the logistics for your new service. You may need to buy or rent a space, hire employees and take care of endless details. Hanging over all this are your considerations and worries about your potential customers.
With all that and more on your plate, it can be hard to think beyond the immediate future. Still, some of the very basic decisions you make about how to structure your business can have profound consequences months or years from now.