The internet has made it easier than ever to operate a small business from your home, but in the rush to get your website up and running, set up your social media accounts, and reach out to customers, you may have forgotten some key things. Many home-based entrepreneurs forget about the legal filings they need in order for their businesses to be in compliance with the law. What do you have to do?
Your first step should be registering your business name. If you haven’t formed an LLC,, you’re probably using a marketing alias for your business. This is when you run the business yourself, but instead of referring to yourself by name you use the name of your business. You’ll have to register this alias as your “doing business” name with your clerk’s office or state. You also need to check whether or not you need a Home Occupation Permit. Your state website will help you sift through all the requirements based on your trade and location, and will tell you whether or not you need specialized licensing. Finally, you’ll have to check on your homeowner association rules. Many associations have rules about running a business out of your home, so make sure you’re in compliance!
Read the full article here: Top Three Legal Pitfalls of Home-Based Businesses
