It is easy to start a business, but it requires thought to do it right.
Forming a business identity sets your business apart from other businesses and protects your personal assets. It is easy: you register the name with the secretary of state as a separate entity which may be a corporation or limited liability company. Consulting an accountant and lawyer will help you decide which one. How the business will operate usually means creating an operating agreement or by laws which is where lawyers may be helpful. Lawyers and accountants can help advise on how your business will treated for tax purposes or how to plan for the succession of your business after years of success. Success of your business may depend on asking what questions to ask in the first place. Lawyers can help.
Knowlton Law will help you with these and any other considerations you might have with forming a business.
Once your business is up and running, there will always be contracts to write and review, there will be issues on how to collect money. It is smart business to have an attorney on your side. Knowlton Law supports small businesses as they are a source of the health and vitality of our Roaring Fork Valley community and its people.
For an outline of business considerations, please click here.