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The Legal Basics For Starting A Company

Before starting any company, it is MOST important to protect yourself and your personal assets from someone who might want to file a lawsuit against you. It is a reality in todays' world and your protection is priority one.

Here in the USA, there are many types of companies you can choose from. Here are some examples: There are Corporations, Sub Chapter S Corps, Limited Liability Company, Single Owner Proprietorships. Each company type has advantages and disadvantages.

It is important to contact a lawyer and/or Certified Public Accountant who can properly advise you on the legal and tax solutions that will best suit your personal situation. If you have the  time, you can fill out all the State and  federal applications required to register your new company.

However, if you are limited on time, I have personally used http://www.bizfilings.com. They are very professional and quite affordable.

If you need startup capital and live in the USA, The US Federal Government has many programs which offer Loans and Grants for new businesses. Also, check your local Chamber of Commerce and State Government as well.

For those who live in other countries, you will need to check with your Governments.

 

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