The specific requirements for starting a small business in your state will depend on the type of business, its size and structure. Generally speaking, however, all businesses must obtain a valid operating license from their local or state licensing agency (this includes sole proprietorships). Corporations and limited liability companies must also register with the Secretary of State's office in order to be legally recognized. Depending on the locality, other permits such as zoning approvals may be required.
In addition to these basic legal steps, there are some important legal matters that should be addressed prior to beginning operations; these include developing corporate governance documents such as articles of incorporation and bylaws; obtaining various types of insurance needed to protect the company’s assets and employees; furnishing labor contracts where appropriate; drafting leases or purchase agreements for real estate if applicable; contracting with providers for goods or services when needed; filing any necessary taxes forms; registering trademarks or logos if desired; drafting employee handbooks that adhere to federal employment regulations such as minimum wage laws and overtime regulations.
It is highly recommended that you consult an experienced attorney who specializes in business law when forming your new organization so they can help ensure you comply with all applicable statutes while maximizing potential growth opportunities. A lawyer can provide valuable advice regarding proper formation procedures based on your individual needs as well as advise regarding potential risks associated with certain decisions.
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