There are many people in the Vegas Valley who have goals of opening their own business. Being your own boss and running your family-owned business is not something that is unreachable. It does take dedication, diligence, and patience. Statistics show the average small business can take 3-5 years before it starts making revenue. But when you have your business plan ready to execute, you likely can’t wait to open your doors and start making money along with beating those averages. But there are a few things that you need to consider. The state of Nevada, most businesses require a you to have a state business license to operate your business. You have the opportunity to file the paperwork yourself, however, most hire a business lawyer to ensure it is done accurately. Today, we at Kajioka & Associates, Attorneys at Law would like to share tips on filing your Nevada business license.
What Licenses Do I Need to Start a Business?
The first thing you need to do is determine if your specific business requires a Nevada business license. Though there are a few exceptions, most business are required to have one. Typically, those not required to have a business license include nonprofits, insurance agencies, rental property owners, home businesses, and movie companies. Additionally, there are some businesses that will expect higher licensing fees than others, such as corporations for example. If you are unsure about the licensing fees or if your business requires a Nevada business license, it is in your better interest to contact an experienced attorney to answer your questions, and perhaps help you file, like Kajioka & Associates, Attorneys at Law.
Business License Renewal Period
You still have to remember to renew your license annually after you have filed your application and received your licensed. Generally, your license renewal fee and paperwork are due on the last day of the month which you first filed, although typically you will receiver a reminder in the mail prior to expiration of your license. For example, your renewal is due on June 30, 2019 if you received your license in June 2018. There are penalties for submitting your license renewal late.
Hiring a Lawyer for Business Startup
Though getting your business is not overly complicated, having an attorney fil your paperwork can ensure your submission is accurate. Additionally, building a relationship with an experienced business attorney as a new business owner is always beneficial. Not only can they help with getting the paperwork dealt with for your business license, but they can be readily available for you and your business as you grow. Having an attorney when you establish partners, corporations, preparing contracts, and other legally binding related aspects of your business can better protect you, your assets, and your business against unnecessary litigation.
Criminal Defense, Personal Injury, Business Attorneys & More in Greater Las Vegas, Nevada
The attorneys of Kajioka & Associates, Attorneys at Law are experienced in business law and can assist you throughout your business ownership from start to finish. Call us today to setup your consultation whether if its file your business license or help your already established business in legal matters.
