Starting a business in Orange County, New York

Filed Under Business Law, Per Diem Legal Services · Tagged:  

Starting a business can be challenging and at times involve very tedious work. From all the paperwork involved, to all the number crunching it is important to have a qualified attorney by your side so all the processes are completed properly, ensuring no future problems and preventing future costly legal issues.

When it comes to starting a business in Orange County, New York, you need to remember that everything must be kept on record.  This means filing the appropriate paperwork (Articles of Incorporation, Articles of Organization, etc.) with New York State or with the Orange County, NY county clerk's office (in the case of a DBA).  If there are partners involved, it involves setting up a thorough operating agreement document that could literally save your company, your friendships and relationships, and even prevent you from falling into financial ruin in the future.

There are also legal hurdles that you'll need to consider when starting a business.  A couple such legal hurdles include selecting a name for your company and coming up with a company logo while making sure that neither infringe upon anyone else's legal rights.  In fact, choosing a name for your new company can be one of the most challenging parts of starting a business. You need to create a name that describes your company, but at the same time stands out and is easy to remember.  There are also appropriate legal checks that must be done to help determine if that name is available for you to use without running the risk of being sued.

A business attorney will also help you in deciding which legal entity is most appropriate for you given your current business and personal circumstances.  There are important differences between an s-corporation, a c-corporation, LLCs, partnerships and sole proprietorships.  One of the most popular forms of business is the sole proprietorship, or a business in which there is only one owner who personally accepts all legal and financial liability for the company.  In Orange County, New York starting a business is fairly straightforward for the sole proprietorship and the filing fees are minimal compared to other business forms.  However, make sure to check with an attorney to make sure you are not setting yourself up for legal danger by doing so.

If you are forming a sole proprietorship you will file a document referred to as a "DBA" which stands for "doing business as".  So, for example, you might be John Smith doing business as Widget World.  Once you've  filed your business with the appropriate government departments whether in Orange County, NY or with New York State, you can now go on to receiving your tax ID number. If you have a business attorney helping you along the way, which is recommended, they will be able to use this number to set up your business accounts for you. Using these tax numbers and your accounts properly can lead to your company saving significant sums of money when taxes are due so be sure to use a qualified business attorney that understands business law.

Getting an attorney to assist you with forming your agreements and filing all of your paperwork is a great advantage. In the long run the attorney will end up saving you more money then you could on your own and will more than pay for themselves. Do yourself a favor and contact us today to discuss how we can help you set up your business properly.