Working hard on your first prototype, finishing your new website, and drumming up new customers for your new business idea? Before you launch your start-up, let’s make sure you take all the right steps, including those less glamorous and more administrative tasks, for setting up your business.

 

Business structure

 

Do your research about your personal situation, before you jump into business ownership. There are many options available, such as sole proprietorship, partnerships, LLCs, LLPs, corporations, etc. Each business structure has its own advantages and disadvantages. Contact our experts in strategic counsel on business entity formation in Southern California to choose the right structure for your business vision!

 

Business name

 

Before you buy the website domain or print your business cards, make sure that your business name does not infringe on the rights of an already existing company.
  1. Check online if the business name is available in your state and in all the other states.
  2. If you plan to register your company under one name, and use a different name to run your business for branding purposes, you have to inform the state about this situation. That means you will need to register a “Doing Business As” (DBA) or “Fictitious Business Name” (FBN).
  3. However, if you want to claim the first use of a brand name, then you should also consider registering your trademark for proper legal protection.

Business IDs

 

Your new business is a legal entity, which needs to be distinguished from other entities. For that, you will have to obtain a Federal Tax Identification Number and an Employer Identification Number (EIN). These ID numbers allow IRS to track your company’s transactions, but also help you to open a business bank account, file tax returns or apply for business licenses.

 

Business permits and licenses

 

Depending on your business industry and location, you might need to be licensed at the state or federal level. Your business may require a general business operation license, sales tax license, occupational or professional licenses, health department permits, etc. Consult with our San Diego based lawyers to obtain all the necessary licenses and permits, before opening the doors of your business.
Company filings and regulations are not the most exciting parts of your startup, but you are not alone in this process. Contact our attorneys and schedule a free consultation!

Client Reviews

6/27/18, FindLaw.com

Rated 5 out of 5

We received a letter from an attorney representing an ex employee from years ago. This letter couldn’t have come at a worse time for our family. Although the ex-employee had no substance in their case and this was mostly a nuisance, we felt very vulnerable and unprepared. I reached out to a few lawyers for a quote and their retainer fees alone were deal breakers. When I reached Thomas Gallagher, he approached my case from a completely different angle and walked me through the many small steps we would take to get through this issue. Within the first conversation I felt like I had a plan of attack, an attorney I could trust, and that our family was protected. Our case ended up never going to court. In fact, Thomas was able to resolve the entire issue within a week. I am extremely happy with the results from this potential lawsuit, but even happier knowing my family and business is now protected by a lawyer than can get the job done.

anonymous

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