Starting a new company can be a daunting task, but it may be just what you need to gain financial freedom. Perhaps you have heard of the potential benefits of forming an LLC (limited liability company). Here are three mistakes to avoid if you want to succeed:
- Thinking it’s impossible – While it is true that a sole proprietorship is a simpler business formation, don’t lose out on the benefits of an LLC, thinking it is too difficult to accomplish.
- Thinking it’s simple – Every state has its own laws regarding business formation, besides those from the federal government. California, in particular, does complicate the process a little. So while you shouldn’t give up on the idea, you also don’t want to make the mistake of thinking it is something you can do quickly and easily.
- Trying to do it without help – If you try to form an LLC alone, it may end up being as complicated as some people think. If you get the help of a small business attorney, it may actually end up being as easy as others anticipate.
San Diego’s Small Business Attorney
If you run a small business in the San Diego area, you want an attorney who understands what it is like to own and operate a small business. That’s why Pokala Law APC is the small business office for you. We know exactly what it is like to run a small business because we’re doing it too. Call 1.844.695.1487 today, or you can request an appointment online.