Career & Professional Development
Checklist
The modern digital workspace: Integrated technology for seamless productivity and creativity
Starting a home-based business is an exciting venture, but it requires careful attention to legal requirements to ensure everything runs smoothly. It's not just about the ideal workspace or a groundbreaking idea; it’s equally crucial to comply with the law from the outset. This involves choosing an appropriate business structure, registering the business and obtaining an EIN for tax purposes. Setting up a firm legal base helps in safeguarding your enterprise against future legal issues.
Securing the right licenses and permits is another critical step. Whether it's a general business license, home occupation permit, professional licenses, or health and safety permits, each plays a vital role in legal compliance. Additionally, understanding and adhering to zoning laws ensure your business operates without infringing on local regulations.
Beyond these foundational steps, drafting contracts, maintaining thorough records, and understanding tax obligations are integral to the smooth operation of a home-based business. For those planning to hire, navigating employment laws and setting up robust HR policies are essential to foster a compliant and efficient work environment.
Selecting a business structure and registering your business.
Choose a business structure
Register your business name
Obtain an EIN
Acquiring necessary licenses and permits.
General Business License
Home Occupation Permit
Professional Licenses
Health and Safety Permits
Ensuring compliance with local zoning laws.
Verify zoning restrictions
Apply for exceptions or changes
Setting up contracts and other legal protections.
Create client contracts
Non-disclosure agreements
Partnership agreements
Handling records and complying with legal standards.
Set up accounting system
Understand tax obligations
Keep detailed records
Compliance with employment laws if hiring employees.
Understand employment law
Prepare employment contracts
Implement HR policies