Starting a Business - 4 Legal Considerations

Are you thinking about starting your own business? Congratulations! Embarking on an entrepreneurial adventure is one of the most exciting steps one can take in their lifetime. It's your opportunity to branch out on your own and finally pursue the line of work that you feel truly passionate about - an opportunity you've been waiting for your whole life.

The only problem is, you're not a licensed attorney at the Lake of the Ozarks. You know your business, but you don't know all of the legal factors that need to be addressed when starting your own business. O'Donnell Law Center is here to help!

If you're thinking about starting your own business in 2015, here are some important legal considerations to keep in mind.

Business Licenses

If you plan on being a practicing business with clients and/or customers, you must register for a business license with your local  government. This registration requirement is non-negotiable.

Business Trademarks

Do you want other people to be able to start their own businesses with the same name as yours? Of course you don't. However, they will legally be able to unless you trademark your business name. If you plan on marketing your business on a national level, it may be a good idea to trademark your company name.

Business Entity Types

When you start your own business, you will have to choose the business entity that best suits your needs. You have a couple of different options to choose from, such as Sole Proprietorship, Limited Liability Company and Corporation. Each type of entity comes with its own set of benefits and potential drawbacks. Contact your trusted lawyer at the Lake to help you weigh the pros and cons.

Zoning Regulations

Unless you're starting a business from a home office, you will need to spend some time choosing the location for business. You should never assume that your type of business will be allowed to set up shop wherever you choose. You will need to make sure that the location you want has been zoned for the type of business you plan to start.

O'Donnell Law Center Can Help

Having an experienced business attorney on your side to guide you through your company's start-up can make a world of difference. Don't hesitate to reach out to O'Donnell Law Center with all of your questions about starting your own business at the Lake of the Ozarks!

We are open and ready to assist you. Call the most trusted law firm at the Lake of the Ozarks to get started today.

O'Donnell Law Center
We Carry Your Burden ~ You Carry On With Life.

Disclaimer: No attorney-client relationship is created by the publication of this blog.

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Phone: (573) 552-0317

O'Donnell Law Center, LLC
1026 Palisades Blvd. Suite 3
Osage Beach, MO  65065
(Located on the McDonald's Side of the Building)


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