This information is a general overview, and should not be considered to be an absolute nor an ultimate conclusion as each legal matter is entirely dependent upon its own set of specific and unique facts. The following information is not intended nor should it be considered to be legal advice to you. Starting a new business requires much planning and many important decisions. First, a new business owner must decide under what entity, if any, to do business. Choices range from a sole proprietorship, a corporation, S corporation, non-profit corporation, limited liability company, limited partnership, or general partnership.
All entities are unique, each with different requirements, understandings, and obligations.
Choosing the right organization depends much upon your goals, present needs, and future aspirations. Thereafter, details regarding a place to do business and the negotiation involved in obtaining a lease will need to be addressed. Establishing contracts and agreements with vendors, distributors, and shipping companies may need to be put in place to get your business operational. Long term commitments and agreements concerning the provision of services that will affect your business on a daily basis should be carefully reviewed. Next in line for a new business is obtaining the necessary licensing both at the state, county, and local levels to engage in your chosen business.