When contemplating the commencement of an online business, there are various legal considerations to be reviewed. To begin, you must consider the business organization. For example, the business may be best served by the formation of a limited liability corporation or "LLC." In order to determine what is the most appropriate business structure, one should consult with an accountant and a business law attorney in the jurisdiction where one seeks to do business. Another consideration is the use of agreements. When starting up the company, it may be useful to have an agreement which outlines the rights and responsibilities of the individuals seeking to develop the business. This type of agreement is sometimes called a "start up agreement" or a "founders agreement." Another area for an online business to review pertains to stock options. In order to obtain and secure the employment of personnel, a stock option plan is frequently seen with internet businesses. The reason for this is due to the high competition for qualified internet skilled employees. In addition, when starting an online business, it is necessary to make sure the domain name and URL is available. If so, you must take steps to secure the name and URL.