“A little bit of knowledge can be a dangerous thing.” – Albert Einstein
So you’re launching a new business? This is your first step toward becoming your own boss and realizing your goal of financial independence.
But before you really get started, you’ve got some important decisions to make…
Have a business name in mind? Before you move forward, potentially wasting critical funds preparing to launch with a name you can’t use, contact PSR Law first.
We’ll scour Federal and State databases to ensure the name you’ve selected hasn’t already been claimed.
Business Entity & Registration
Corporation? S-Corporation? Public Benefit Corporation? Partnership? Limited Liability Company? Sole Proprietor?
Business entity options abound. What’s the ideal choice for your business? And once you decide, how do you make it “legal?”
PSR Law will help you explore the pros and cons of all possible business entity options. And once you settle on your ideal formation, PSR will complete all the necessary steps, from selecting the right state for your business entity to structuring founder agreements.
Taxes, Licenses & Permits
You’ve selected a name. And registered your business entity.
What are the tax consequences (federal, state and city) of your particular entity choice? And when are those taxes due?
What licenses and permits (both on the state and city level) are necessary to operate your business type?
PSR Law will guide you through the process of handling your business taxes, instructing you on when which taxes are due, and payable to whom. We can even help with tax planning and connect you to the right financial resources to properly arrange your business tax situation from the outset of your enterprise.
PSR Law will also help you register your business with the appropriate state and city agencies, and obtain the business license and permits necessary to legitimately operate your business.