Starting a business is not as easy as putting up an "Open" sign in the door. It takes specific legal filings, state and federal registration, the creation of a partner or shareholder agreement, and possibly submitting an application for licenses and permits. Due to the complexities involved, it is important to seek legal advice before starting the process.
An attorney in the Bethesda area can help you decide what type of business entity you should choose. For example, should the company be a sole proprietorship, a partnership or a corporation. Since the laws that surround each of these entities are different, legal advice can help you determine which option is best for you. Read further for reasons why you should consult with an attorney before starting a new business.