Around this time of the year, we have a lot of people coming to us because they want to start a business. Whether they are going to start making money at their hobby or they are ready to make the jump into being their own boss, they come to us to ask what they need to do. What should I call it? Do I need a license? How do I register my company? What kind of insurance do I need? What if I need to hire someone? Questions like these often don’t have easy answers, but we can help you find them. We let you do the things you’re good at, and we take over the headaches.
The two most common questions people ask when they are starting a business are “how do I make sure I don’t lose my house,” and “how do I pay tax.” The second answer is the easiest for us. We don’t know. We know some great CPAs and we can help you match one to your business and your personality, but we leave the numbers to the number people and we help with documentation, strategy, and navigating the applicable regulations. The answer to ensuring you don’t lose your house is a little more complicated, but it is where we provide our service.
In most cases, if you have the right company structure with a limited liability company, corporation, or limited liability partnership, you can protect your personal assets from your new company’s creditors. The caveat to that is that if you are not running your business in an organized way, keeping everything in your business separate from everything in your personal life, and ensuring that you have a process and good records, you put yourself in jeopardy. That’s where we come in. We help you get the documentation in place and we serve as a resource for you to ensure that you are doing everything by the book.
Finally, if you have already started that new business on your own and you are having trouble keeping things straight or you just want to make sure you’re doing things right, we’re here for you. We work with business from when they are opening up to when they are fully mature and everywhere in between. We pride ourselves on providing practical, creative solutions to your problems, and we hope to be able to represent your company not only in its current time of uncertainty, but for years to come.
If you have a question about opening a business or starting a company, please give us a call. We would love to show you how it’s done.
Ben Worsowicz is an Associate at Lardiere McNair, LLC. To read more about our firm, please visit www.lawyerscolumbusohio.com.
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