Starting a business in the New Year? Get professional legal advice

If you plan on starting a business in the New Year, you might want to seek out the professional advice and guidance of a small business attorney or law firm. It goes without saying that starting a business in Fairfax County, or anywhere really, can be a daunting task. Of course you will need to determine what your products and services will entail, but there’s a great deal more to consider too.

As a new business owner you will need to spend some time choosing a business attorney who will be able to advise you during the upcoming years. Deciding on the legal form of your business is quite important. You will then need to organize a variety of other things including:

• Decide what type of business entity you should operate under.
• Obtaining legal business licenses and permits for your business.
• Set definitions in place to determine the legal rights, duties and obligations of your business officers, directors, partners and members.
• Developing a pricing or cost structure for your products and services.
• Decide on and set up an accounting system.
• Opening a bank account.
• Managing business and employee tax contributions and deductions.
• Setting business insurance in place.
• Arrange financing.
• Decide how to legally protect trade secrets.

The legal implications of starting a new business can seem daunting, especially when you’ve just started a New Year, but they don’t have to be. With the help of the right professional business attorneys, you can have the legal side of your business handled efficiently and effectively for you.

Get legal advice for starting a business from Fairfax County business attorneys, Schleifman Law

At Schleifman Law in Fairfax County, we offer professional legal advice to start-up as well as large multi-national companies. We can fully provide you on all the legal requirements of starting up a new business and assist you every step of the way from deciding on whether to operate as a membership corporation, limited liability company, formal partnership or joint venture, to the drawing up of legal governing documentation, bylaws, operating agreements, partnership agreements, shareholder agreements and more.

If you want to ensure that all your legal affairs are in order when starting your new business, partner with us at Schleifman Law. For more information and legal advice, contact us via email or telephone at Schleifman Law today.