When starting a business, it’s easy to get caught up in thinking about a name, your visions for your website, and maybe even finding an office space. While these may be the most enjoyable parts of starting your business, there is something else you must think about. That is what business structure you will use when registering your business. The knowledgeable attorneys at Beth Santilli Law can help you understand your options and their potential legal impact, so you can make the right decision for your business.
Understanding Common Business Types
You may operate as a sole proprietor, LLC, corporation, or a partnership. Before deciding on which type of business structure you want to use, it is important to know about the advantages of each type of business structure:
Filing with the Secretary of State and Compliance
There are many steps involved when starting a business in South Carolina. Not only must you decide on a business structure, but you must also search for the name of your business, as all entity names must be unique within the state. You may also have to file for an Employer Identification Number (EIN), obtain any licenses or permits required by law, and draft bylaws and other agreements that will govern how you run your business.
Completing these steps may not be as exciting as choosing a logo and envisioning the goals for your business, but they are just as important. Our experienced business attorneys at Beth Santilli Law can help you ensure you have completed all of the necessary steps correctly as you start your new business.
Get Legal Help Today
The many legalities that surround starting a business in South Carolina are difficult to understand, let alone to obtain in many cases. If you are starting a business and need to make sure you are in compliance with local, state, and federal laws, an experienced corporate attorney at Beth Santilli Law, LLC can help. We have the necessary experience to walk you through the process of starting a business and to help ensure that you have all the necessary documents, licenses, and contracts in place. Contact us today to request a consultation.