Operating a small business is an elusive practice for many, but the effort can come with huge rewards. Individuals determined to take the plunge and become an entrepreneur in Texas are required to complete four basic steps.
- First, you need to file a business name with the county and/or state and decide what kind of legal structure it will be.
- Determine the required taxes you need to settle within the jurisdiction of your business, including taxes owed to the federal government.
- Depending on the chosen business type, you will need to secure business permits and licenses, including registrations and authorizations for your business.
- Lastly, as a future employer, you will need to meet the state and federal requirements concerning employment laws.
Forming a small business is exciting, especially if it will help you fulfill your dreams. If you are ready to enter the business world, seeking the advice of an experienced business attorney is important. An attorney can offer you assistance and guidance along the way. Find out how an attorney at Adam Pugh in Austin may work for you today by calling (512) 472-2431.