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Before you open your business, determine which of the numerous local, state and federal regulations apply to you. Avoid the temptation to ignore regulatory details. Doing so may save time in the short term, but could become an obstacle as your business grows.
Starting your new Burlington business
Below is a list of the most common requirements that affect small / new businesses. The list is by no means exhaustive, as regulations vary by industry. Consult the list below for a solid start to meeting your regulatory requirements, and then carefully investigate the additional regulations that affect your industry.
Business OrganizationThere are many forms of legal structure you may choose for your business. The most common structures are Sole Proprietorships, General and Limited Partnerships, C and S Corporations, and Limited Liability Companies. Each legal structure offers organizational options, which are appropriate for different personal situations, and which affect tax and liability issues. We suggest you research each legal structure thoroughly, and consult a tax accountant and/or attorney prior to making your decision.
Burlington Business Name Businesses that use a name other than the owner's must register the fictitious name with the county as required by the Trade Name Registration Act. Check for the appropriate name of the Trade Name Registration Act in your area. This does not apply to corporations doing business under their corporate name or to those practicing any profession under a partnership name.
Protecting Your Idea If applicable to your business, you may want to apply for trademarks, patents and your copyrights. Information regarding these applications is listed below.
Starting a business in Burlington
In 1609, French explorer Samuel de Champlain came upon a large lake in the area we know today as Vermont and named it after himself. The state's name comes from two French words vert (green) and mont (mountain), which explains Vermont's nickname, the "Green Mountain State." Ethan Allen and the Green Mountain Boys defended their homeland from the British during the Revolutionary War. Vermont is one of the six New England states and became the 14th state in 1791. Some of Vermont's major industries are dairy farming and tourism. One of the most picturesque states, Vermont has millions of visitors each year who come to see the leaves turn colors in the fall and the snow-covered mountains in the winter. The state flower is the red clover and the tree is the sugar maple. Vermont maple syrup is one of the state's most popular products.
Incorporation
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