1. Describe what documents need to be prepared and filed with the Ohio Secretary of State to:
   • incorporate a business
   • establish an LLC

2. Describe what documents does a bank need to review to lend money and what documents a bank would require to be signed for a loan?

3. Done the Corporation or LLC:

• have and patents, copyrights?
• filed bankruptcy?
• been sued? pending lawsuits?
• have any liens against it?
• own real estate?
• if they lease, who owns the building?

4. What state, local and federal permits are required for a business?

I just want you to answer this questions

Answer preview

In Ohio to incorporate a business first a person is required to file the company’s name. Next is the specifying of incorporators who signs and files the documents of incorporation to the secretary of state. A statutory agent form is also attached during incorporation. According to Beatty, Samuelson, & Abril, (2018), the location of the business and the principal’s office which are supposed to be the headquarters should be included too. A stock structure of the business is also required and lastly amount of initial stated capital if any is indicated.(575words)