This post concludes our series on starting a business in Orange County, California. We decided to write on this topic due to the fact that beginning a company can be both exciting and stressful. The goal of our last several articles has been to provide information which will allow entrepreneurs to make more informed decisions when taking the first steps of beginning their own enterprise. It is important to note that mistakes made in the early stages of forming a company can have serious consequences later down the road. Contact our Santa Ana business law attorneys today if you are unsure as to what steps you should be taking.
We have addressed several subjects over our recent posts. Topics which we have looked at included:
- The business structures available to a California company
- How small businesses can gain tax benefits through an “S” Corp
- Maintaining your company’s corporate protections
- Whether an attorney is required to start a new business
There are several reasons why we chose to address these topics. First, choosing the wrong business structure can make it difficult to raise capital, to bring in new partners, or to protect yourself from personal liability. Second, many small business owners err by not electing to be taxed as an S Corp. Third, failing to maintain your company’s filing can mean a loss of your “corporate veil.” Finally, while hiring counsel is not mandatory, there are many benefits associated with doing so.
Many small business owners and start-ups do not want to deal with the technicalities imposed by law and regulation. Many start a company out of passion for what it is they do, not to file paperwork. Unfortunately many fail to keep up with their legal requirements and, as a result, business issues arise which then interfere with the work that really matters. Our Orange County business law attorneys focus on these requirements so you can focus on the important thing – your business. We will use your initial consultation to determine your needs, your goals, and to formulate solutions which will help you navigate the process as easily as possible. Contact our Santa Ana office today to speak with a lawyer.
We service Aliso Viejo, Anaheim, Buena Park, Costa Mesa, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, Ladera Ranch, Laguna Beach, Laguna Hills, Laguna Niguel, Lake Forest, Mission Viejo, Newport Beach, Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Tustin, Westminster, and Yorba Linda.