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Starting a Sole Proprietorship?

 
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mary
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Joined: 10 Jun 2004
Posts: 1
Location: frederick md

PostPosted: Thu Jun 10, 2004 2:04 am    Post subject: Starting a Sole Proprietorship? Reply with quote

Hello from a forum newbie ...

I've been investigating starting a sole proprietorship ... this business will be pretty small ... I don't really want to be THAT busy ... I just know that this is a service people have already said they want ... and I don't want to get into trouble accepting money for something ... but I also don't want to pay a lot of up-front legal fees etc. if it's going to cost more than it's worth ... So, I want to see if what I'm coming up with makes sense ...

Does anybody have any contradictory information to the following ...

to form a sole-proprietorship, I need to
- decide on a name (research it to make sure it's not in use)
- possibly trademark it if I want
- contact the clerk of the circuit court to see what liscenses/fees I need...

Also, does anybody know about the timing ... if I've purchased equipement/software thinking it'd be used mainly for this business ... but got it before I actually BECAME a business... does that mean I can't use any of it as an expense?

Thanks in advance for all ideas!
mary
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