Everything Legal for Small Businesses



Form your Business Yourself!

If you would rather form your Corporation, LLC or PLLC yourself, we have the packages with everyhting you need.

Business Incorporation Package

 

LLC Formation Package

 

PLLC Formation Package

 

After your Start your Business - Legal Needs

Small Business Forms Combo Package for LLC

The package is designed to assist a limited liability corporation (LLC) in running the LLC by providing a large selection of necessary forms. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!

Small Business Forms Combo Package for Sub-S Corporation

The package is designed to assist an S corporation in running the corporation by providing a large selection of necessary and commonly used forms. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!

Small Business Forms Combo Package for General Partnership

The package is designed to assist a general partnership in running the partnership by providing a large selection of necessary and commonly used forms. Purchase this package is a savings of over 75% off the price compared to purchase of the forms individually!

Small Business Forms Combo Package for Sole Proprietorship

The package is designed to assist a sole proprietor in running a small business by providing a large selection of necessary and commonly used forms. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!

Get Your Small Business Right on Track

Starting a small business can stress anyone who deals with it for the first time. It requires a lot of research and preparation before submitting documents to relevant authorities. At the same time, once you overcome initial challenges in gathering information and pitching ideas, your experience will be much easier with our comprehensive forms for a business library. Get all the documents you need in one place and immediately get your small business on track without breaking a sweat.

Standard Forms for Businesses You Need to Prepare


Registration

Everything begins with starting a small business. There are three options you can choose from when completing this step:

  • 1. A sole proprietorship means that you are the sole owner of the business. It allows you to have complete control over every process in your company. Such a form of registration is perfect for startups.
  • 2. Limited Liability Company (LLC) implies a partnership and corporation model that divides ownership between multiple partners. This form of ownership separates you from your business and alleviates any company’s liabilities from you.
  • 3. A professional limited liability company (PLLC) has similar advantages as an LLC but places specific restrictions on who may be a member or partner.

Licenses

Before you can open a business, you must first acquire a license. Everything depends on your company profile and specific case, so consider this before looking for an appropriate form. Consult with a lawyer or attorney to know more about licenses and your responsibilities. At the same time, here are some standard permit terms you might need to consider:

  • 1. Doing Business As (DBA) refers to the name you are using to operate your business.
  • 2. A general business license is essential for any business owner, regardless of business size or industry.
  • 3. A special business license is required when your small business deals with firearms, antiques, tobacco, or similar services.
  • 4. An Employer Identification Number (EIN) exists for tax purposes, identification, and security of assets.
  • 5. A sales tax license is required in certain states under economic nexus legislation.
  • 6. An occupational license is needed to ensure your professional eligibility to perform specific jobs.

Additional Documents

  • 1. An SBA application for a small business loan requires extensive paperwork, which you can easily manage with US Legal Forms.
  • 2. A non-disclosure agreement (NDA) is required for highly-specialized niches to protect your company's information.

Why Choose the US Legal Forms?

With US Legal Forms' extensive legal forms library, you can find any state or county-specific form to fill out and submit for registering and managing your small business. Get completed form packages for LLC and PLLC formation, incorporation, and DBA registration online hassle-free. Work with any format and access top-notch PDF editor, securely eSign any document, and track your documents’ status. All this and more is available for you with US Legal Forms. We are backed by professional lawyers and provide excellent customer service 24/7, all year round.

Top Questions about Everything Legal For Small Businesses

  • Why do 90% of small businesses fail?

    There are various reasons why 90% of small businesses do not survive the first decade, including mismanagement, lack of market need, and financial issues. A significant factor often overlooked is the absence of adequate legal planning. Everything legal for small businesses involves protecting your venture from potential risks. Utilizing platforms like uslegalforms can help you ensure that you have the right legal documents and compliance measures in place to thrive.

  • Do almost 50 percent of small businesses fail within the first five years?

    Yes, research indicates that nearly half of all small businesses will close their doors within five years of starting. This alarming trend highlights the necessity of understanding everything legal for small businesses. Proper business planning, financial management, and legal compliance play critical roles in increasing longevity. Legal resources can provide guidance and protect your business from pitfalls.

  • What percentage of small businesses fail each year?

    Around 20% of small businesses fail within their first year, and this figure rises to about 50% by the fifth year. Being aware of these statistics emphasizes the importance of everything legal for small businesses. Often, effective legal practices can help you navigate the challenges and improve your chances of success. Legal tools and resources can significantly contribute to more stable operations.

  • What percent of small businesses get sued?

    Statistics show that approximately 30% of small businesses will face a lawsuit at some point in their operation. Understanding this risk is crucial when considering everything legal for small businesses. By implementing proper legal safeguards and agreements, you can reduce your exposure to lawsuits. Utilizing services that provide legal documentation can enhance your protection.

  • Are 36% to 53% of small businesses sued every year?

    Yes, studies suggest that a significant percentage of small businesses face lawsuits annually, highlighting the importance of legal preparedness. This statistic underscores the need for sound business practices and proper legal guidance. Staying informed about everything legal for small businesses can help you mitigate risks and protect your investment from potential legal challenges.

  • What laws do small businesses have to follow?

    Small businesses must adhere to various laws, including labor laws, environmental regulations, and tax obligations. Additionally, compliance with health and safety standards is essential to ensure the well-being of employees and customers. Understanding everything legal for small businesses helps you maintain compliance and fosters a trustworthy relationship with your clients and employees.

  • What license is best for a small business?

    The best license for your small business depends on your specific industry and location. Common licenses include a general business license, professional licenses for specialized services, and permits for health and safety. To determine the best options, explore everything legal for small businesses and consult platforms like uslegalforms, which can guide you through the licensing requirements tailored to your needs.

  • Is it illegal to start a business without an LLC?

    No, it is not illegal to start a business without forming an LLC; however, not having one can expose you to personal liability. An LLC is a popular choice among small business owners as it provides a layer of protection for personal assets. Understanding everything legal for small businesses, including the pros and cons of forming an LLC, can help you make informed decisions that benefit your entrepreneurial journey.

  • What is the new rule for small businesses?

    Recently, Congress enacted new rules that affect small businesses, particularly regarding tax regulations and reporting requirements. These changes emphasize transparency and compliance, simplifying the process to encourage entrepreneurship. Keeping informed about everything legal for small businesses ensures that you take advantage of new opportunities while adhering to the latest legal standards.

  • What are some laws that all businesses must follow?

    Every business must comply with various laws, including those concerning employee rights, consumer protection, and data privacy. These regulations are crucial to ensure fair practices and legal operations. As you navigate everything legal for small businesses, familiarizing yourself with federal and state laws will safeguard your operations and maintain your reputation.