What are the legal steps for registering a new small business in Ohio?

To register a new small business in Ohio, there are several legal steps that must be followed. These steps include:

1. Choosing a business structure: The first step in registering a new small business in Ohio is to choose the appropriate business structure. There are several business structures to choose from, including sole proprietorship, partnership, LLC, and corporation. Each of these structures has its own benefits and drawbacks, so it is important to carefully consider which option is best for the business.
2. Choosing a business name: Once the business structure has been decided, the next step is to choose a business name. The name must be unique and not currently in use by another business in Ohio. It is important to search the Ohio Secretary of State's website to ensure the desired name is available.
3. Registering with the Ohio Secretary of State: The next step is to register the business with the Ohio Secretary of State. This can be done online or by mail. The registration form requires the business name, structure, address, and other relevant information.
4. Registering for taxes: All businesses in Ohio are required to register for state taxes. This includes sales tax, use tax, employer withholding tax, and commercial activity tax. The Ohio Department of Taxation provides information and forms for registering for these taxes.
5. Obtaining necessary licenses and permits: Depending on the type of business, there may be additional licenses and permits required. For example, a restaurant may need a food service license, while a home-based business may need a zoning permit. It is important to research and obtain any necessary licenses and permits before starting the business.
6. Obtaining insurance: Businesses in Ohio are not required to have insurance, but it is highly recommended. Some insurance types to consider include liability insurance, property insurance, and workers' compensation insurance.

It is important to note that the legal steps for registering a business in Ohio may vary depending on the specific circumstances of the business. It is recommended to consult with a licensed attorney or business professional for personalized advice.