Fred S. Steingold - Legal Guide for Starting & Running a Small Business, 5th Ed
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Legal Guide for Starting & Running a Small Business, 5th Ed
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Clearly explains the practical and legal information you need to raise start-up money, choose between a sole proprietorship, partnership, LLC or corporation, get licenses and permits, and cope with financial problems. Softcover. DLC: Small business--Law and legislation--U.S.-Popular works.
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The Legal Guide for Starting & Running a Small Business: Vol. 1
Page ii
An Important Message to Our Readers
This product provides information and general advice about the law. But laws and procedures change frequently, and they can be interpreted differently by different people. For specific advice geared to your specific situation, consult an expert. No book, software or other published material is a substitute for personalized advice from a knowledgable lawyer licensed to practice law in your state.
Page iii
The Legal Guide for Starting & Running a Small Business: Vol. 1
National Fifth Edition
by Attorney Fred S. Steingold
Edited by Mary Randolph & Ralph Warner
Page iv
Keeping Up-to-Date
To keep its books up to date, Nolo issues new printings and new editions periodically. New printings reflect minor legal changes and technical corrections. New editions contain major legal changes, major text additions or major reorganizations. To find out if a later printing or edition of any Nolo book is available, call Nolo at 510-549-1976 or check our website: www.nolo.com .
To stay current, follow the "Update" service at our website: www.nolo.com . In another effort to help you use Nolo's latest materials, we offer a 35% discount off the purchase of the new edition of your Nolo book when you turn in the cover of an earlier edition. (See the "Special Upgrade Offer" in the back of the book.)
This book was last revised in September 1999.
FIFTH EDITION
September 1999
EDITORS
Ralph Warner and Mary Randolph
ILLUSTRATION
Mari Stein
BOOK DESIGN
Terri Hearsch
COVER DESIGN
Toni Ihara
PRODUCTION
Sarah Toll and Linda Wanczyk
INDEX
Sayre Van Young
PRINTING
Consolidated Printers, Inc.
PROOFREADING
Sheryl Rose
Steingold, Fred. Legal guide for starting and running a small business / by Fred S. SteingoldNational 5th ed. p. cm. Includes index. ISBN 0-87337-527-0 1. Small businessLaw and legislationUnited StatesPopular works. 2. Business enterprisesLaw and legislationUnited States Popular works. I. Title. KF1659.Z9S76 1999 346.73' 0652dc21 99-30244 CIP
Copyright 1992, 1995, 1997, 1998 and 1999 by Fred Steingold All rights reserved. Printed in U.S.A.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of the publisher and the authors.
For information on bulk purchases or corporate premium sales, please contact the Special Sales Department. For academic sales or textbook adoptions, ask for Academic Sales. Call 800-955-4775 or write to Nolo.com, Inc., 950 Parkr Street, Berkeley, CA 94710.
Page v
Acknowledgments
Special thanks to Nolo Publisher Jake Warnerthe cheerful perfectionist whose ideas infuse every page of this bookand to Nolo Editor Mary Randolph, who deftly whipped the manuscript into final shape.
Thanks, too, to the rest of the remarkable Nolo family for their invaluable contributionespecially steve Elias, Robin Leonard, Barbara Hodovan, Jackie Mancuso, Tony Mancuso Barbara Kate Repa and Beth Laurence.
In addition to the folks at Nolo, these other professionals generously shared their expertise to make this book possible:
Attorneys Charles Borgsdorf, Larry Ferguson, Sandra Hazlett, Peter Long, Michael Malley, Robert Stevenson, Nancy Welber and Warren Widmayer.
Certified Public Accountants Mark Hartley and Lonnie Loy.
Insurance Specialists James Libs, Mike Mansel and Dave Tiedgen.
Finally, thanks to my small business clients, who are a constant source of knowledge and inspiration.
Page vi
Table of Contents
Introduction
Chapter 1 Which Legal Form Is Best for Your Business?
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