Starting your own small business can be an exciting endeavor, but you’ll want to make sure that everything is set up in accordance with business law to prevent any legal issues in the future. Here are a few key aspects of business law that you will need to consider before starting your business:
- Choose the structure of your business. Business law requires new business owners to select the structure of their company. If you choose to work with us at Johnson DuRant, LLC, we can work with you and your CPA to determine the best structure for your plans, whether it might be a corporation, an LLC, or otherwise. It’s important to make the right decision for this first step because it can affect your taxes, liabilities, legal requirements, and operations.
- Obtain the necessary licenses and registration. Another key aspect of business law involves obtaining the necessary licenses, signing the right contracts and legal documents, and completing mandatory registrations. Our legal team can help you obtain any necessary licenses and other legal documentation you will need for your business.
- Understand and comply with business regulations. Another preparatory step will be to understand any regulations regarding your business. We can help ensure you are up to date on and compliant with all business regulations.
Business law plays an important role in starting and running your own small business, and it’s crucial to have a knowledgeable attorney on your side for guidance and advice. If you’d like to learn more or speak with a business law attorney, please give us a call today.