Mar 202013
 
Starting a business

Do you know how to go about setting up a business?

If you are a serious entrepreneur, start your business out right by talking with an attorney about the many facets involved ins tarting your venture.

With only 1% of businesses surviving the first five years, you want to start out, not only on the right foot but, with the biggest advantage you can.

First, if you don’t have a business plan, a qualified attorney can write one for you. Your business plan is a road map for financing, goals and even how your business will be managed.

Do you know whether to set up your business as an S-Corp. C-Corp or an LLC? Do you the tax consequences and your personal liability for each?

Do you have a partner and if so, how will the assets be divided in the case of death of one partner or a misunderstanding that may potentially dissolve the company? Businesses can’t wait to go through probate so what’s the best plan of action?

How will you go about getting capital to grow and expand the business? Do you have a succession plan?

With laws constantly changing it’s hard to stay informed. You’ll have a business to run. Smart people outsource the areas they don’t know and leave it to the professionals.

Before you think that you can quickly set up your business on sunbiz, call Ourednik Law Offices because we can explain all these questions and more. We present options that will best benefit both you and your business.

You want to start with every advantage you can. This is a major step in the right direction! Call (904) 396-8080.

 

 

By Karel Ourednik