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 Lock Springs, MO

Do I Need a Lawyer to Start a Business in Lock Springs, MO


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 MO Partnership Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Related Legal Services near Lock Springs, MO
The Grill Law Firm
5555 NW Barry Rd Ste A
Kansas City, MO 64154
(816) 741-7711
Attorneys, Divorce Assistance, Legal Service Plans
Thurston Thompson Atty
PO Box 610
Noel, MO 64854
(417) 475-6771
Attorneys,  Mediation Services,  Arbitration Services,  Legal Service Plans
Paulus Law Firm
8640 N Green Hills Rd Ste 42
Kansas City, MO 64154
(816) 581-4040
Attorneys, Labor & Employment Law Attorneys, Employee Benefits & Worker Compensation Attorneys, Gene
Griffin Dietrich Elliott Attorneys + Counselors At Law
93 N 3rd St
Gower, MO 64454
(816) 424-3308
Attorneys, General Practice Attorneys
Elliott Mitch
93 N 3rd St
Gower, MO 64454
(816) 424-3308
Attorneys
Stockwell,Connor & Weedn PLLC
600 First National Bank Bldg
Miami, MO 74354
(918) 542-3306
Corporation & Partnership Law Attorneys,  Attorneys,  Criminal Law Attorneys,  Divorce Attorneys,  P
Daily & Murrel Law Office
613 1st St
Glasgow, MO 65254
(660) 338-2144
Attorneys,  General Practice Attorneys,  Legal Service Plans,  Probate Law Attorneys,  Criminal Law
Acticedocs
5921 NW Barry Rd
Kansas City, MO 64154
(816) 746-1999
Paralegals, Legal Document Assistance
Total Attorneys - Personal Injury
PO Box 274328
Glasgow, MO 65254
(660) 214-1951
Attorneys, Legal Service Plans
Fink Christopher
8640 N Green Hills Rd Ste 42
Kansas City, MO 64154
(816) 505-1111
General Practice Attorneys, Attorneys, Legal Service Plans
Total Attorneys - DUI
PO Box 274153
Glasgow, MO 65254
(660) 269-0994
Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US