I just started my childcare business out of my home and wanted some legal advice on how to manage expenses, where to look for liability insurance, how to prepare for when I file my taxes & anything else that I may not know about owning your own business. Someone suggested making my business corporate for tax purposes & to protect my personal property in case of a lawsuit. Should that be something I should consider? If so, what steps do I need to take in order to start the process? Any advice/suggestions would be very appreciated.
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The resources below will help answer your questions, keep in mind the answers to your questions may vary based on your location, but you should be able to get the answers at the resources below.
Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t’s and dot all your i’s before your business launch.
Steps to Starting a Business -
http://www.developer-resource......siness.htm
Other sites you might find helpful are:
SBA – http://www.sba.gov/
SCORE – http://www.score.org
Small Business Resource – http://www.small-business-software.net
Business Link – http://www.businesslink.gov.uk/bdotg/action/home
Goodluck!