4 Small Business Startup Questions Answered

The DNA of BusinessIf you’re trying to start up a small business, we know you’ve got more than 4 questions. You probably have so many questions that you don’t even know where to begin. Well, take deep breath. K. L. Owens and Associates LLC is going to help you with the answer to these 4, and when you have the rest sorted out, just leave those questions in the comments below.

1. Where do I begin with Business Licenses? 

Unfortunately, this answer varies from state to state, city to city. The best place to find the cut and dry answer is with the state’s secretary of state office. It’s their job to provide you with the answers you need to operate your business legally, whether you’re in Atlanta, GA or in Smalltown, USA.

2. Business vs. Personal Assets

Can you run your business assets through your personal bank account? Sure, but do you really want to? Combining your business and personal assets into one account makes things tricky. It’s much easier to separate the two so that if ever someone does ask the question, they won’t be tempted to look into your personal property to settle a financial matter.

3. Do I need an Attorney? 

The short answer to this is, yes. Why? Because they will be the one that protects your assets if an issue ever was to arise, and they can help you walk through all of the legal red tape to get your business started without wasting any additional money or time.

4. What about insurance? 

The best place to start is with a small business insurance provider such as K. L. Owens and Associates LLC. We offer free quotes where we will assess all of your exposures, and help you decide on the right insurance plan that fits your business and your budget.

Are you in the middle of starting your own company or are you thankfully through the startup phase and seeing success? Let us know what your questions are in the comments below.

Img via Flickr. 

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