how to start your business

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HOFFMAN, COMFORT, OFFUTT, SCOTT & HALSTAD, LLP HOW TO START YOUR BUSINESS CARROLLCOUNTYMARYLANDLAWFIRM.COM

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Page 1: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

HOW TO STARTYOUR BUSINESS

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 2: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

THERE ARE A NUMBEROF LEGAL MATTERS THATYOU MUST TAKE CARE OFBEFORE EVEN CONSIDERINGHOW TO MARKET ORADVERTISE YOUR BUSINESS.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 3: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Start off with yourBUSINESS NAME.Choose a business namethat hasn't been registered.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 4: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

To be sure about that, searchall national, state and localdatabases to ensure yourbusiness name is unique.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 5: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Next is creating the formal,legal STRUCTURE of yourBUSINESS. Is itsole proprietorship,partnership, corporations,S corporations or an LLC?

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 6: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Most new businesses willregister themselves as an LLC(Limited Liability Company).

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 7: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Sole proprietorships andpartnerships don't offerany financial protection ifthe business venture isn'tsuccessful. A C or SCorporation offers a muchhigher level of personalfinancial security.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 8: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Once you settle this,it's about time for you toHIRE your very ownEMPLOYEES. Remember thatyou have legal obligationsonce you hire them.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 9: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

These include everythingfrom OSHA regulations,worker's comp,and wage requirements.These are very serious issues.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 10: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Now, let's talk aboutTRADEMARK RIGHTS. Youneed to formally registeryour trademark to ensureyou have full legal protectionof your growing brand.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 11: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Trademark law isn'tsomething you can masterjust using Google, so it'simportant to get professionallegal counsel on the matter.

CARROLLCOUNTYMARYLANDLAWFIRM.COM

Page 12: How to Start Your Business

HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP

Have questions about theprocess? Call 410-848-4444.Hoffman, Comfort,Offutt, Scott & Halstad, LLP.

CARROLLCOUNTYMARYLANDLAWFIRM.COM