12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Do I Need a Lawyer to Start a Business in Zip Code 21042

Do I Need a Lawyer to Start a Business in Zip Code 21042


The true entrepreneur is a doer, not a dreamer.
 
- Nolan Bushnell


Every day, thousands of Americans embrace their dream and start their own company.

Entrepreneurs are the lifeblood of the American economy. Small businesses make up 99% of all businesses, employ half of all private sector employees, and have generated two thirds of new jobs in the last two decades.

Entrepreneurs know they'll need a good business plan, some expert help, a little start-up money, and a lot of dedication. A small business owner may need to pick a name, choose a business structure, obtain permits and hire employees.

Picking a unique name allows you to obtain trademarks and copyrights, differentiates your business from competitors, and makes your brand more memorable. See if you can register the web url for your business name dot-com. Look up the U.S. Patent & Trade Office's database for your exact name, misspellings, or similar names. Check with your county clerk and your Secretary of State to make sure your business name is unique. If your business is going to be a corporation, LLC, or limited Partnership, you will have to register your name with your Secretary of State as well. Finally, register your name on social media, such as Twitter and Facebook.

There are several business structures to choose from and each has its own distinct advantages and disadvantages. For example, an LLC protects you best from liability. A sole proprietorship is the easiest business structure to set up. However, it provides the least amount of financial and legal security compared to other business structures. Partnerships are more complicated than sole proprietorships. Partners generally share profits and losses equally and do not get a salary from their partnership. Forming a partnership does not require a written Partnership Agreement, although it is highly recommended.

Incorporating may involve more paperwork on an ongoing basis and may increase taxes, but they also shield owners from liability and provide the infrastructure for corporate stocks.

Creating a Nonprofit Organization is an option for organizations that aim to do public good rather than turn a profit. Nonprofit status, provides limited liability protection and may qualify for tax exempt status, access to grants, and receive tax deductible donations. There is far more paperwork and scrutiny for NPOs. A nonprofit's finances are open to public inspection and it is not owned by its founders; if an NPO dissolves, its assets are usually given to another NPO. If assets are used for private benefits, they can be seized.

No business is too small to incorporate and the time it takes to form a corporation, LLC, or non-profit at 12Law.com is minimal.

There are a number of tasks that you may be able to accomplish without the expense of a lawyer: 1) form your own Partnership, LLC or corporation; 2) create your own partnership agreement, LLC operating agreement or shareholder's agreement; 3) apply for your business employer identification number (EIN); 4) apply for the required business licenses and permits; 5) lease commercial space; 6) interview and hire employees, and complete the necessary IRS paperwork; 7) research and reserve a trademark or trade name for your business; 8) file a fictitious business name statement if you will do business under a different name; 9) research and reserve a name for your corporation or LLC; 10) apply for and reserve a domain name, if you will do business on the Web.

If you're set up as a sole proprietorship or partnership, it might be a good idea to get liability insurance. If you're going to need buses, vans, or cars, you should insure those too. And looking into general business insurance is always a smart choice.

Only you can decide if hiring a lawyer is right for you. Check out 12Law.com for listings of lawyers in your neighborhood.
 
Personalize & Print a Free MD Partnership Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Related Legal Services near Zip Code 21042
Portner Jonathan N
5300 Dorsey Hall Dr # 104
Ellicott City, MD 21042
(301) 854-9000
General Practice Attorneys, Attorneys, Legal Service Plans
Morrow Robert R
2692 Golf Island Rd
Ellicott City, MD 21042
(410) 465-8055
Attorneys, Legal Service Plans
Chun Sung
9455 Baltimore National Pike
Ellicott City, MD 21042
(410) 750-7888
Attorneys, Legal Service Plans
Ruckdeschel Jonathan
5126 Dorsey Hall Dr # 201
Ellicott City, MD 21042
(410) 884-7825
Attorneys
Abramson David M
11043 Gaither Farm Rd
Ellicott City, MD 21042
(410) 997-7397
Attorneys
Ellis Lisa P
3009 Greenhaven Ct
Ellicott City, MD 21042
(410) 461-7373
General Practice Attorneys, Attorneys
Bartnik Keith Blair
5044 Dorsey Hall Dr # 205
Ellicott City, MD 21042
(410) 740-7339
Attorneys, Legal Service Plans
Allan E Harris Mediation Svc
10109 Century Dr
Ellicott City, MD 21042
(410) 461-6877
Mediation Services, Arbitration Services
Edward Tayter
5052 Dorsey Hall Dr
Ellicott City, MD 21042
(410) 417-6500
Attorneys, Criminal Law Attorneys, DUI & DWI Attorneys, Legal Service Plans, Traffic Law Attorneys
Laning Katherine
9105 Frederick Rd
Ellicott City, MD 21042
(410) 465-6218
Attorneys
Wayne Clark LLC
10264 Baltimore National Pike
Ellicott City, MD 21042
(410) 994-5872
Attorneys, Real Estate Attorneys, Bankruptcy Law Attorneys
Price Benowitz LLP
5052 Dorsey Hall Dr Ste 200
Ellicott City, MD 21042
(410) 441-5441
Malpractice Law Attorneys,  Attorneys,  Civil Litigation & Trial Law Attorneys,  Personal Injury Law
Price Benowitz, Colleen Kirby
5052 Dorsey Hall Dr Suite 220
Ellicott City, MD 21042
(410) 441-5005
Attorneys, Criminal Law Attorneys
Charles E Chalan & Associates
5074 Dorsey Hall Dr
Ellicott City, MD 21042
(301) 596-4440
Attorneys, Legal Service Plans
Porter William N
5074 Dorsey Hall Dr
Ellicott City, MD 21042
(301) 596-4440
Attorneys
Law Offices Ron D Abrams Ll
11713 Oakspine Ct
Ellicott City, MD 21042
(301) 596-3995
Attorneys
Lawyers Advantage Title Group Inc
3355 Saint Johns Ln Ste J
Ellicott City, MD 21042
(410) 480-2800
Attorneys, Title Companies, General Practice Attorneys
Edward Tayter
5052 Dorsey Hall Drive
Ellicott, MD 21042
(410) 734-2675
Mon-Fri 8am-5pm, Open 7 Days, Appointments Available
Weinstein David H
9716 Riverside Cir
Ellicott City, MD 21042
(410) 750-2590
General Practice Attorneys, Attorneys
Traffic Ticket Defense Center
9716 Riverside Cir
Ellicott City, MD 21042
(410) 750-2590
Criminal Law Attorneys, Attorneys, Legal Service Plans
Timothy E Dixon Inc
9025 Chevrolet Dr Ste E
Ellicott City, MD 21042
(410) 480-2061
General Practice Attorneys, Attorneys, Legal Service Plans
Susan R Green Law Office
3561 Saint Johns Ln
Ellicott City, MD 21042
(410) 480-0707
Insurance Attorneys, Attorneys, Social Security & Disability Law Attorneys, Personal Injury Law Atto
Paulus Timothy J
10213 Little Brick House Ct
Ellicott City, MD 21042
(410) 750-0424
Attorneys
Green Michael
4850 Dorsey Hall Dr
Ellicott City, MD 21042
(443) 542-0086
General Practice Attorneys, Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US