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Helping Set Up A Business

Helping Set Up A Business

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This week, I was able to help establish yet another Summit County business. 

It was rewarding to help the company, which is a family owned business, set up their LLC and put together their corporate paperwork.  While the company had been working, the owners lacked certain protections available to corporations or LLCs.

The biggest advantage: if something happened, such as a car accident or getting sued over job quality, as a general rule, the company would be liable -- not the individual owners of the company. 

While there are financial and time costs associated with setting up and incorporating a business, the benefits of setting up and incorporating a business far outweigh the relatively-small financial and time costs associated with incorporating your business. 

There are other advantages with setting up LLCs or businesses, including tax advantages that should be discussed with accountants or tax professionals, it is best to discuss with an attorney the legal benefits of incorporating with the Ohio Secretary of State.

While many people think of the other areas of law VanHo Law practices, we also are proud and excited to help entrepreneurs set up and get their businesses going.

If you would like to discuss your ideas and goals, please contact VanHo Law today!    

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