Getting Started: Small Business Formation and Contracts
When you set out to start your own business, you may wonder where to begin. By following these simple steps you can save yourself from unnecessary fees, suits and penalties in the future.
Write a Business Plan
Choose a Physical Business Location
Finance Your Business
Ask for Business Assistance and Training
Determine the Legal Structure of Your Business (Sole Proprietorship, Partnership, Limited Liability Company (LLC), Corporation, S Corporation)
Register Your Business Name
Get a Tax Identification Number
Register for State and Local Taxes
Obtain Business Licenses and Permits
Understand Employer Responsibilities
Create and Maintain Proper Contracts to Protect Your Business
Whether it is figuring out what entity you should choose, learning the legal steps you need to take to hire employees, or drawing up contracts for business use, Attorneys Millard & Bragg are here to help navigate you through the process and help you get off on the right foot.