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What legal steps should I take before starting a business in Ohio?

Picture of Chris Battis By   ·  1 minute read

As a lawyer, if you are planning on starting a business in Ohio, there are several legal steps you should take to ensure compliance with the relevant laws and regulations.

  1. Choose a business structure: Decide on the type of legal entity that best suits your business needs, such as a sole proprietorship, partnership, LLC, or corporation. Each structure has its own set of legal requirements and tax implications, so it is important to consult with an attorney to determine which option is best for your particular circumstances.
  2. Register your business: Once you have decided on a business structure, you will need to register your business with the Ohio Secretary of State's office. This involves filing the necessary paperwork, paying the required fees, and obtaining any necessary permits or licenses.
  3. Obtain necessary business licenses and permits: Depending on the nature of your business, you may need to obtain additional licenses and permits from various state and local agencies. It is important to research and comply with all relevant regulations to avoid any legal issues down the line.
  4. Secure funding: If you plan to raise funds for your business, you will need to comply with securities laws and regulations. This may involve registering with the Ohio Division of Securities or filing a notice of exemption, depending on the size and nature of your offering.
  5. Protect your intellectual property: If you have a unique product or service, you may want to consider obtaining patents, trademarks, or copyrights to protect your intellectual property. You can consult with a lawyer to determine the best way to protect your intellectual property rights.
  6. Comply with employment laws: If you plan to hire employees, you will need to comply with various state and federal employment laws, such as minimum wage laws, anti-discrimination laws, and workers' compensation requirements.

It is important to work with a lawyer who is familiar with Ohio laws and regulations to ensure that you take all necessary legal steps before starting a business. This will help you avoid legal problems and improve your chances of success.