What are the steps I need to take to legally start a business in Ohio?

To legally start a business in Ohio, you must follow several steps. These steps ensure that your business complies with state and local laws and regulations.

1. Choose a Business Structure: The first step is to choose the type of business entity you wish to form, such as a corporation, limited liability company (LLC), partnership, or sole proprietorship. Each structure has its own benefits and drawbacks, so it's essential to choose the one that best suits your business needs.
2. Register Your Business: You must register your business with the Ohio Secretary of State by filing the necessary paperwork and paying the appropriate fees. Once your business is registered, you will receive a Certificate of Incorporation or Certificate of Organization, depending on the type of business entity you formed.
3. Obtain Business Licenses and Permits: Depending on the type of business you plan to operate, you may need to obtain additional licenses and permits from other government agencies. For example, if you plan to sell alcohol or tobacco products, you must obtain the appropriate licenses from the Ohio Department of Commerce, Division of Liquor Control.
4. Register for Taxes: All businesses operating in Ohio must register with the Ohio Department of Taxation to obtain a tax identification number. Depending on the type of business entity you formed, you may be required to pay taxes at the federal, state, and local levels.
5. Obtain Insurance: Obtaining insurance protects your business from unexpected events, such as property damage or liability claims. You should consider purchasing general liability insurance, property insurance, professional liability insurance, or workers’ compensation insurance.
6. Comply with Employment Laws: If you plan to hire employees, you must comply with Ohio and federal employment laws. This includes obtaining workers’ compensation insurance, verifying employee eligibility to work in the United States, and complying with minimum wage and overtime laws.
7. Establish Business Bank Accounts: You must separate your personal and business finances by opening a business bank account. This will help you track your business’s expenses and receive payments from customers.

In summary, starting a business in Ohio requires careful planning and compliance with state and local laws and regulations. It's best to consult with a licensed attorney who can provide legal advice specific to your business needs.