June 28, 2017

Starting a New Business in California

California is one of the most popular states in the country for starting a new business. There are many considerations that are necessary when starting a new business here.

The first is how to incorporate the business. Options include:

  • an LLC
  • a corporation
  • a general partnership
  • a limited liability partnership
  • a sole proprietorship

Each of these legal entities has its own unique set of advantages and disadvantages, including differences in:

  • tax treatments
  • start-up fees
  • liability protections

We can help you to make the best decisions for your new business. Factors to consider are how many people are involved in the business, what industry is the business in, and whether the business be doing business only in California or in other states as well.

If you are starting an LLC or a corporation, you will most likely need an operating agreement for your LLC or a set of by-laws for your corporation. We can help you draft an LLC operating agreement or a set of corporate by-laws that will protect your interests.

If you own a business within the city limits of Los Angeles, you will also need to obtain business licenses, various permits, and a fictitious business name. We can help you determine which licenses you need, whether you need a sales permit, and can assist you in obtaining a “dba” for your business.

Finally, as a new business owner, you may want to consider trademarking your logo or business name.

We at Beverly Hills Law Corp., PC are ready to assist with you with any or all of these matters.

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