Initially, you should see a lawyer for advice on setting up the type of business that is best for your needs. For instance, if you decide to incorporate in order to protect yourself against potential liability, an attorney can help you understand the exacting legal requirements of the incorporation laws. Your attorney may also simplify the incorporation process by preparing and filing the necessary incorporation documents. Among the most important advice an attorney can give a new business is whether it should be a sole proprietorship, a corporation or a partnership. Small businesses must solve other legal problems.
Government agencies tend to create additional hurdles.
An attorney can provide invaluable assistance to the new business by explaining administrative regulations, tax laws, and local requirements. On balance, spending money for the services of an attorney makes good business sense. Select attorneys who are experienced and competent to assist you in your venture. The sole proprietorship is usually considered the easiest and simplest form to set up. It is the form used by the vast majority of small businesses in the U.S. because there are few formalities of existence.