As a lawyer, I would advise you to follow the legal steps listed below before starting a small business in Ohio:
- Choose a legal structure: Select the legal structure best suited to your small business, such as a sole proprietorship, partnership, LLC or corporation. Each legal structure has its own tax, liability and management implications.
- Register your business: Register your small business with the Ohio Secretary of State's Office. Registering your business includes the selection of a unique business name, which you can do through the online database of the Secretary of State's Office.
- Obtain necessary licenses and permits: Verify whether your small business requires specific licenses or permits. Depending on the type of business and location, you may need to obtain permits or licenses from the state or local government.
- Obtain an Employer Identification Number (EIN): If you intend to hire employees, you will need an EIN from the IRS.
- Obtain necessary insurance: Verify what types of business insurance are required in Ohio, and consider obtaining liability insurance to protect your personal assets.
- Comply with tax regulations: Comply with all applicable tax laws and regulations, including federal and state income tax, sales tax, and employment tax.
- Protect your intellectual property: Consider registering your small business trademark, patents or copyrights to protect your intellectual property rights.
- Consult with an attorney and accountant: Consider working with an attorney and accountant to ensure that you comply with all legal and tax regulations applicable to your small business.
It is important to note that there may be additional legal steps or requirements depending on the nature of your small business. The advice provided above is general in nature and not intended to replace the need for legal advice tailored to your specific situation.
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