It’s wonderful to begin a business in America, but if you skip normal procedures of the law, your future is at stake. At Najla Law Firm, we guide the entrepreneurs through the legal system that every successful business needs. Following is a brief legal checklist on how to move ahead with confidence and compliance.
1. Choose an Appropriate Business Structure
Selecting whether to be a corporation, sole proprietorship, LLC, or partnership will impact liability and taxation. Most small business owners prefer to form an LLC because it is very flexible and helps keep personal assets safe. We help you determine your plans and file your business entity with us.
2. File Your Business Name
Your business name should be unique and approved by the state. Depending on whether you are seeking to trademark, DBA (Doing Business As), or LLC name filing, we will get this done in an orderly fashion, in a rush.
3. Secure a Federal EIN (Employer Identification Number)
Released by the IRS, your EIN will be required for tax filing needs, business banking account opening, and hiring staff. Najla Law Firm will be able to get your EIN on your behalf and advise on tax-related requirements based on your entity formation.
4. Get Required Business Licenses & Permits
Every industry and state has its own licensing requirement. From zoning licenses to professional licenses, we identify what licenses your company needs and assist you in meeting them.
5. Draft Important Legal Documents
From data policies to employee contracts and operation contracts, well-prepared legal documents protect your interests. Najla Law Firm drafts personalized contracts to meet your operations and reduce legal liabilities.
6. Be Familiar with Business Insurance Needs
Legal compliance can include some insurance cover such as general liability, workers’ compensation, or professional liability. We advise on what you must have and what you should have to protect your venture.
7. Be Compliant with Ongoing Legal Obligations
From reporting on a daily basis to taxation returns and contract renewals, legal compliance doesn’t stop at one time. Najla Law Firm offers constant legal assistance to keep your business protected and ready for the future.
Take your business forward on solid legal ground—request a meeting with Najla Law Firm today and move forward confidently and in compliance.
