Small Business Startup
"Give me six hours to chop down a tree and I will spend the first four sharpening the axe."
Let me speak personally: Entrepreneurship is near and dear to my heart.
My parents raised me in a small business. My grandparents owned small businesses. My great-grandparents started a clothing store that is still family-owned today, 110 years later.
Following tradition, I have started and operated multiple companies, from retail to wholesale to service industry -- from local to international. Small business is a passion of mine, and I want to help you if it's a passion of yours, too.
Passion requires preparation.
Aside from a great business idea, the most important element of a successful startup is the work that goes into organizing it. There is no escaping the fact that most small businesses are prone to failure within the first few years. Getting off on the right foot can help you beat the odds.
These are just a few of the things you need to know:
What business structure is right for you?
What organizational documents, if any, do you need?
What do you need to file with the Secretary of State?
Are there any special tax or reporting requirements for your industry?
Will you have employees and, if so, how do you prepare for that?
Do you have the proper license to conduct business?
Are there local ordinances that may impact you?
If you have a partner, what happens if you disagree
Answering these questions (and more) can help you avoid a potentially expensive lesson down the road. Let James Legal PLLC walk you through the process.