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How to start a new business in Texas!

Starting a new business in the this year? We've compiled a few resources to help you get started, and hopefully point you in the right direction to a successful start to your new career!


According to the Small Business Association, they have compiled a list of the top 10 things you should be doing before and during the process of opening your new business:

  1. Conduct Market Research

  2. Make a Business Plan

  3. Fund Your Business

  4. Pick your Location

  5. Choose a Structure

  6. Choose a Name

  7. Register Your Business

  8. Get your federal and state tax ID's

  9. Apply for licenses and Permits

  10. Open a business bank account

Check out these steps in detail here: https://www.sba.gov/business-guide/10-steps-start-your-business


So how can an attorney help you with your new business venture?


The most common reasons for needing an attorney are:

  • Navigating the many forms and requirements of legal documents, like incorporation documents, that are involved.

  • Assurance the startup is being done right.

  • Enabling you to focus on other aspects of the business so you don't have to spend time learning the legal processes.

  • Support with specific tasks like trademarking your name, reviewing lease documents, discussing potential legal structures, and preparing incorporation forms.

  • Online legal form providers don't always do it right. Businesses aren't one-size-fits-all, so blanket legal documents don't always work.


For more information on starting your business off on the right foot, check out the IRS website for small businesses:

https://www.irs.gov/businesses/small-businesses-self-employed/checklist-for-starting-a-business


Visit our website: www.ashmorelawfirm.com




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