It’s easy enough to start a company in Oregon or in any other state: you make a filing with the secretary of state’s office. But, what happens next? We often get this question from lots of local small startups that have a business idea, know the first step, but don’t know what to do next. So I put together this post as a basic “how-to start an LLC in Oregon.” (more…)
Choosing an entity should be one of the first decisions you’ll make when starting up your new business. It may seem easy to skip this step, and instead forge ahead as a sole proprietor, but this rarely makes sense. An entity protects your personal assets from your company’s creditors, and your company’s assets from your personal creditors. Moreover, creating an entity allows you to establish an independent credit history for your new business, and protect your new business’s property (including intellectual property).