If you recently received a severance offer, your first instinct might be to take it and walk away without asking questions. On a certain level, this is a safe course of action — after all, you get to pursue some other position with some money in your pocket to ease the transition.
Starting a business is not as easy as putting up an "Open" sign in the door. It takes specific legal filings, state and federal registration, the creation of a partner or shareholder agreement, and possibly submitting an application for licenses and permits. Due to the complexities involved, it is important to seek legal advice before starting the process.