Legal Question in Business Law in Florida
Online Business
I am just starting to form a small internet business. I need to know at what point I should Trademark, obtain domain, and file business status with the government. Also, would I do LLC, Inc, etc? Would I get in trouble for operating (transacting) via website without incorporating?
2 Answers from Attorneys
Re: Online Business
It depends on whether you are protecting a mark used regionally or locally. With regards to your choice of business entity - that would require a discussion of your known future business plans. You will not get in trouble for operating a website without incorporating - if you run a business under your name, it is called sole proprietorship - the downside is that you take on risk personally, instead of limiting it to the assets of the business.
Re: Online Business
You should probably do all of these. The choice of entity is based on a number of factors. While you do not need to be, e.g. incorporated, to start your business, from a liability stand point it is a good idea.
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