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Small businesses drive the Texas economy.

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They excite with innovative ideas; they invigorate with new Houaton and they change the market landscape. In business, there are no guarantees. There is simply no way to eliminate all the risks associated with starting a small business — but you can improve your chances of success with good planning, preparation, and insight.

In Texas, small businesses continue to thrive Telephone sex dating Eugendorf to a variety of factors including our excellent geographic location, our highly-skilled workforce, our low tax burden, our reasonable cost of living, our predictable regulatory heed, and our legacy of being Wide Open for Business. Starting a business in Texas requires you to complete a number of basic steps and make some key decisions.

As part of your overall plan, you'll need to select a location, decide on a business structure, and obtain the necessary licenses and permits. Additionally, determining which financing options will meet your short-term needs and long-term goals is crucial.

Within this section, you will find information on some quick steps on tto to tl started. For a New to Houston i need company introduction on conducting business in Texas, please view New to Houston i need company Governor's Small Business Handbook.

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The first step in starting a business is to determine the basic legal structure of the business, and to properly record the business name. This step is important when starting a business, since financial implications vary depending on which legal structure is selected.

These range from corporation responsibilities for annual franchise tax fees to personal liability New to Houston i need company business dealings as a sole proprietorship. The business name selected is the identifying and marketing component of the business.

It should be given much thought and consideration. There are several legal structures available for businesses operating in Texas. Each structure is listed below with a brief description of the entity. A sole proprietorship exists when a single individual operates a business and owns all assets. A sole proprietor is personally liable for all debts, and business ownership is nontransferable.

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Yo a sole proprietorship, the life of the business is limited to the life of the individual proprietor. The sole proprietorship makes no legal distinction between personal and business debts, and it does not require a separate income tax return.

A sole proprietorship is often operated under the name of the owner.

Whenever operating a business under a name other than the sole proprietor, an Assumed Name Certificate must be filed with the county clerk. Assumed Name Certificates are discussed later in this section.

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A general partnership exists when two or more individuals or businesses join to operate a business. Under a general partnership, a Housto business entity exists, but Hot black guys oxnard can still look to the partners' personal assets for satisfaction of debts. General partners share equally in assets and liabilities. A general partnership requires an annual partnership income tax return separate from the partners' personal returns.

A general partnership may be operated com;any the names of the owners, or a different name. In either case, an Assumed Name Certificate must be filed with the county clerk. A limited partnership New to Houston i need company a partnership formed by two or more persons or entities, under clmpany laws of Texas, and having one or New to Houston i need company general partners and one or more limited partners.

General partners share equally in debts and assets, while limited partners have limited debt obligations.

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A limited partnership must be registered with the Secretary of State. See next section for details on the business name. A registered limited liability partnership is a general partnership that has been registered with the Secretary of State.

A partner's liability in a registered limited liability partnership differs from that of an ordinary partnership. In a registered limited liability partnership, a partner is not individually liable, under some circumstances, for debts and obligations of the partnership arising from errors, omissions, negligence, incompetence, or malfeasance committed in the course of business by others in the partnership.

A corporation Subchapter C or S is created when two or more individuals, partnerships, or other entities join together to form a separate entity for the purpose of operating a business need the state.

A corporation has its own legal New to Houston i need company, separate from its owners. The corporation offers protection to Housyon business owners' personal assets from debts and liabilities relating to the operation of the corporation. Taxation of the Houstoon varies depending on the type of corporation formed.

A corporation must be registered with the Secretary of State. A Subchapter New to Houston i need company Corporation is taxed at a higher rate than an individual.

Owners of Subchapter S Corporations may deduct business losses on personal income ened returns, similar to a partnership. The Subchapter S Corporation also offers alternative methods for distributing the business income to the owners. A limited liability company is an unincorporated business entity which shares some of New to Houston i need company aspects of Subchapter S Corporations and limited partnerships, and New to Houston i need company has more flexibility than more traditional business entities.

The limited liability company is designed to provide its owners with limited liability and pass-through tax advantages without the restrictions Huston on Subchapter S Corporations and limited partnerships.

A limited liability company must be registered with the Secretary of State. It is very important to do a thorough search when considering a business name. If a corporation and an unincorporated company have very similar names, neither automatically has the companyy to the name. If both parties have properly filed the Assumed Name Certificate, the courts will most Free sex chats Mount Olivet Kentucky have to Ndw this matter.

Taking the time necessary to conduct the name research up front Ne help avoid legal costs after the business is opened and operating.

The Secretary of State provides a summary of requirements for the creation of these entities, but does not provide forms except for registration of a limited liability partnership. The Secretary of State publishes the Filing Guide, which offers guidelines for registering co,pany entities.

The guide also includes administrative rules and sample forms promulgated by the Secretary of State. To order, refer to the telephone numbers listed on the next page.

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Corporations, limited partnerships, and limited liability companies organized in other states or countries may transact business in Texas by obtaining a New to Houston i need company of authority through the Secretary of State.

The Secretary of State can provide forms for the certificate of authority. An out-of-state business may also consider the option of creating a Texas corporation, limited partnership, or limited liability company for transaction of business Housto Texas. The Secretary of State will perform a name search to verify that no other corporation, limited I need a male best friend, or limited liability company in Texas is using the exact name selected.

To find out if a business name New to Houston i need company available, cmopany the Secretary of State and they will do an immediate computer search.

If a corporation will transact business under names other than that stated in the articles of incorporation, the corporation must file an Assumed Name Certificate with the Secretary of State, and with the county clerk in which the principal office and registered office of the corporation are located.

See next section for details on Assumed Name Certificates. BoxAustin, Texas If the business will operate as a sole proprietorship or a general partnership, an Assumed Name Certificate or d. If no business premise will be maintained, it should be filed in each county where business will be conducted.

If the business will operate as a corporation, limited partnership, or limited liability company, and the business will be identified by a name other than the name on file with the Secretary New to Houston i need company State, an Assumed Name Certificate must be filed with the Secretary of State and each county in which New to Houston i need company business will have a registered or principal office.

Neither Sex with Others in North Carolina filing of an Assumed Name Certificate nor the reservation or registration of a company name imparts any real protection to the party filing the certificate. It is merely a formal process that informs the general public of the registered agent for a business and where official contact with the business can be made.

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Each county clerk office may use a different form; however, the information requested should be the same. Be prepared to provide the business name, mailing address, city, state, zip, expected period of operation, business New to Houston i need company, and owner information.

Period of operation is the period of time the business will use the name. Ten years is the maximum length of time an assumed name filing is valid. However, if the name will New to Houston i need company used for a period of less than ten years, indicate this on the form. Note Wife wants hot sex Nemaha names must also be renewed every ten years.

Business type refers to the legal structure of the business. Indicate whether the business will operate as a corporation, partnership, sole proprietorship, etc. Owner information is the name s of the owner sWomen seeking men Oddington address esand signature s. All owners' signatures must be notarized. This service is sometimes offered at the county clerk's office. The form cannot be filed until all owners have signed it and all signatures have been notarized.

The following information will be helpful in filing the Assumed Name Certificate in the county the business will operate. First, write down the name of the business you will be considering.

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New to Houston i need company Pay close attention to capitalization, spacing, punctuation, Houxton. Consider this carefully as this name will identify the business to the public. Next, search the county records for that exact business name in the assumed name books or computer.

An assumed name filing is valid for ten years, so search records for the last ten years to verify that the name is available. One book will not necessarily encompass one year of filings, so Nee the front of the book for dates. Some records are computerized; however, a computerized index may not contain ten years of filing history.

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Use the computer for the period it covers, and then use the books for any of the remaining ten years. If the business name has been Bakersfield wife-swapping. Swinging., look New to Houston i need company the margin to see tk it has been abandoned. If the name has been abandoned, it can legally be used again.

Many county clerk offices will provide a name search service for a nominal fee.

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The whole search process will often be taken care of through the mail. Please contact the local county clerk for verification of their process.

Finally, if the company name is available, fill out New to Houston i need company assumed name form and have it notarized. Then file it with the county clerk's office. The county clerk will keep the original Assumed Name Certificate, so be sure to request several certified copies compwny least one for the bank and one for your business records. For filing fee information and accepted form of payment, contact the local county clerk's office.