how to start your business
TRANSCRIPT
HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
HOW TO STARTYOUR BUSINESS
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
THERE ARE A NUMBEROF LEGAL MATTERS THATYOU MUST TAKE CARE OFBEFORE EVEN CONSIDERINGHOW TO MARKET ORADVERTISE YOUR BUSINESS.
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
Start off with yourBUSINESS NAME.Choose a business namethat hasn't been registered.
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
To be sure about that, searchall national, state and localdatabases to ensure yourbusiness name is unique.
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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?
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
Most new businesses willregister themselves as an LLC(Limited Liability Company).
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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.
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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.
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
These include everythingfrom OSHA regulations,worker's comp,and wage requirements.These are very serious issues.
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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.
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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.
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HOFFMAN, COMFORT,OFFUTT, SCOTT& HALSTAD, LLP
Have questions about theprocess? Call 410-848-4444.Hoffman, Comfort,Offutt, Scott & Halstad, LLP.
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