Pasley and Singer Law Firm, L.L.P.

Serving Story County and Central Iowa since 1906

323 6th St.
Ames, IA 50010-0664

Phone: (515) 232-4732

STARTING A BUSINESS :: Back to Practice Areas

I. Overview
II. Financing and the Business Plan
III. Permits, Licenses, and Other Legal Concerns
IV. Organizing Your Business
V. Hiring Employees
VI. Employee Pay and Compensation
VII. Business Insurance
Frequently Asked Questions


The attorneys at Pasley and Singer Law Firm, L.L.P., are experienced in the creation of new business entities. We can assist you in selecting among the many types of business entities available under the law, including "C" corporations, "S" corporations, limited liability companies, limited liability partnerships, limited partnerships, and other types of joint ventures.

Starting a new business or becoming a business owner for the first time can be confusing. A successful business owner must consider a number of complex factors, including:

  • Choosing how to organize the business
  • Drafting a business plan
  • Obtaining insurance
  • Obtaining necessary licenses and permits
  • Clearing the zoning process
  • Hiring and paying employees

The laws covering these issues are different from state to state and from city to city. An experienced attorney can help a business owner to navigate through these various factors.

Financing and the Business Plan

When starting a new business, you will need to finance it and set up a business plan. An experienced business law attorney can help you to take these steps.

There are a large number of costs associated with any new business. You must consider one-time expenses and start-up costs, from construction and renovation to inventory to advertising costs to hire new employees. You will need to draw up a business plan and organize your business.

Typically, financial institutions and other investors require a business plan before agreeing to finance a new business. Your business plan should include:

  • A description of the business and its features.
  • What goods or services you will sell.
  • A marketing plan that indicates your customer base.
  • Research showing a need for your business.
  • Staffing and management plans, showing how you will organize and run your business.
  • Financial plans. These should show the cost of starting, operating, and maintaining the business and indicate what profit is expected and when.

A new business owner must always be aware of the costs involved in starting a new business. All start-up costs and one-time expenses must be considered. The business owner will want to contact a financial institution and/or other investors in order to attain financing.

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Pasley and Singer Law Firm, L.L.P., is an Iowa general practice law firm with practice including, but not limited to  Administrative Law, Adoption Law, Agricultural Law, Alternative Dispute Resolution, Banking Law, Business Law (including business organization, partnerships, limited liability companies (LLCs), incorporations, and sales of businesses and business assets), Civil Rights, Commercial Law, Construction Law, Corporate Law, Criminal Defense, Elder Law, Employment Law, Family Law (including divorce, prenuptial agreements, child support, child custody, dissolution modification), Government, Government Contracts, Litigation, Personal Injury (including Motor Vehicle Accidents and Wrongful Death), Product Liability, Professional Negligence Law, Real Estate (including mortgage loan closings, IRC Section 1031 exchanges, subdivisions, platting, condominiums, and cooperative housing), Municipal Law, Taxation Law and Tax Preparation, Wills, Trusts, Estate Planning & Probate Law (including financial and medical powers of attorney, guardianships and conservatorships, trust administration, and estate administration), Workers Compensation, Zoning, Planning & Land Use

The offices of the Pasley and Singer Law Firm, L.L.P., are located in Ames, Iowa. The lawyers and staff of the Pasley and Singer Law Firm, L.L.P., serve clients throughout Iowa, including the cities of Ames, Nevada, Gilbert, Huxley, Slater, Zearing, Story City, Roland, McCallsburg, Colo, Cambridge, Sheldahl, Des Moines, Cedar Rapids, Fort Dodge, Waterloo, Marshalltown, Boone, Webster City, Eldora, Grundy Center, Newton, Adel, Eldora, Ankeny, Johnston, Indianola, Cedar Falls, Jefferson, Marshalltown, Clarion, Knoxville, and the communities that make up Story, Polk, Linn, Webster, Blackhawk, Marshall, Boone, Hamilton, Jasper, Dallas, Hardin, Warren, Greene, Wright, and Marion counties.