
Steps to Form a Business
From a legal standpoint, forming a business is not something that happens automatically. It takes work and planning to make the necessary choices and execute them. An experienced business law attorney can work with you on this process. The first step is to choose a business structure. You have various options, and the one that you select could determine things such as: Your personal liability for your business debts and obligations Your tax status Whether your business would survive owner disputes The reporting obligations for your business Then, there are numerous registrations that you would have to file, including: With the Florida Department of State Registering the business name Registering with the IRS to receive an employer tax identification number Registering with the Florida Department of Revenue In addition, you…