Owning your own business is part of the American dream. There are approximately 355,000 businesses registered in the State of Kentucky. No matter what kind of business you want to launch, you can expect some level of healthy competition.
Although you can tackle the paperwork required by the Secretary of State’s Office in Kentucky to form your business, it’s wise to consider hiring a skilled business law attorney who has experience in everything from business formation and operating agreements to contracts drafting and negotiation.
The attorneys at Bland & Birdwhistell, PLLC have worked with a number of clients to help get their businesses in Elizabethtown and throughout Kentucky off the ground. Our firm is committed to helping them build a solid foundation for their piece of the American dream.
What Steps Are Involved in Forming a Business?
There are several types of business structures you can use when forming a new business in the state of Kentucky. These various forms include a limited liability company (LLC), a sole proprietorship, a partnership, and a corporation. Most small businesses find that a limited liability company is a great fit for their needs. Forming an LLC may seem like a convoluted process, but when done correctly, it can protect your personal assets from litigation involving your business.