Corporate Law

START YOUR BUSINESS LAWFULLY

If you want to start a business, do you know the first steps on how to get started?

To start a business, you need to understand the right structure that is best for you. Should you be a sole proprietorship, a corporation, a limited liability corporation (LLC), a partnership, a limited liability partnership, or some other legal entity? Each business entity has its own benefits and issues. Let Ted Gross help you decide what provides you the best legal protections and flexibility as you start on your business.

Don't start you business without the proper protections in place. If you are looking to start a business contact Ted now. In most cases, Ted Gross Law can have your new company formed and ready to operate with in 24 hours.

Lawyer Holding A Book And Gavel — South Elgin, IL — Ted Gross Law LLC

There are different types of business entities with their advantages and disadvantages. Your selection of entity should be made with the advice of a professional to ensure your objectives are met.

Once a charter is issued, there is more paperwork to do, such as initial organizational meetings, drafting of operational documents (bylaws, shareholder agreements, operating agreements, regulations, etc.) and business succession matters.

Who Do You Pay?

When it comes to the exchange of money, one of the first would be between you and an employer if your business needs it. The first step here is obtaining an employer ID for tax purposes.

Operating Documents

Ted Gross Law can help you and your new business prepare the proper business documents you need. We prepare contracts, leases, and many other documents you and your new business will need for your customers. Contact us today to draft these documents and be ready to operate smoothly and efficiently from the day you open your doors.