If you are interested in working for yourself and you believe you have a good idea for a business, it is important to understand what is involved in becoming an entrepreneur. Starting a new business is more than just coming up with a plan for a product to provide or a service to offer. You need to know the legal rules for operating your company in San Jose and you need to ensure you do everything possible to protect yourself from financial loss and make your organization a success.
If you are considering operating a small business in San Jose, one of your first calls should be to a business law professional. Your attorney can advise you on the right business structure and can review any types of contracts or financing arrangements you need to enter into in order to secure funding or get your organization started. Your lawyer can also help you to learn about licensing laws and zoning rules that may affect your business. The Law Offices of Mike Ross provides assistance to startups so call today to speak with a San Jose business law attorney who can assist you in getting your organization started.
How to Start Operating a Small Business in San Jose?
To start operating a small business in San Jose, you first need to create a business model for your company. It is imperative that you determine what services or goods your business will provide; who your target market is; and how you will reach those who can benefit from what your company is offering. Creating a business plan is a good first step to establish what your business will do and to create a pathway to making your business profitable.
If you are operating your business with others, then there are other documents you will need to create when you start operating a small business in San Jose. For example, if you want to ensure you protect yourself from potential problems in the future, it is a good idea to have:
- A buy-sell agreement, which ensures that co-owners can withdraw from the business without jeopardizing future operations.
- A partnership agreement, if the company will operate as a partnership. This ensures each partner knows his rights and responsibilities.
- Employment agreements determining how tasks will be delegated and how decisions will be made.
Your San Jose business law attorney can help you to understand the types of documents to create when you start operating a small business in San Jose.
Complying with Regulatory Requirements
Many of the documents like buy-sell agreements and partnership agreements are intended to protect your future interest in your business. However there are also other steps you will need to take when you start operating a small business in San Jose in order to comply with the law. For example:
- You need to secure any required licensing for operating your business. For example, a liquor license is required when opening a restaurant that will serve alcohol.
- You need to identify a location to operate your business from and ensure you are in compliance with zoning laws.
- You may need a tax ID number or employer ID number for your business and may need to begin filing business tax returns depending upon how the business organization is structured.
An experienced San Jose business law attorney at the Law Offices of Mike Ross will help you to determine every step to take to start operating a small business in San Jose. Call today to schedule a consultation and learn more.