Are you planning to start your own business in Deer Park, Washington? Business law can be very complicated and difficult to understand. It’s important, therefore, to ensure your company is correctly designated. Consider these common entity types; then speak with a lawyer to ensure you select the right entity type for your business needs.
A Sole Proprietorship is an ideal entity type for individuals or married couples running a simple business. Even a small, family-owned company like this must adhere to all business law and regulations.
Limited Liability Company (LLC)
LLCs are formed by one or more individuals must file a document detailing factors like management and interest assignability. In most cases, this designation protects the owners from lawsuits. A business law expert can assist with the application process. Continue Reading →