Obtain a digital marketing company license, permit insurance
Do you want to know the legal requirements you need to start a digital marketing agency? If yes, here is a checklist of digital marketing agency licenses, permits .
After we have provided you with a:
- Industry overview
- Market research and feasibility
- Digital Marketing Agency Business Plan
- Business name ideas
- Licenses and permits
- Marketing plan
- Cost of starting a digital marketing agency
- Marketing ideas strategies
We will consider what it takes to obtain an operating license and permit for your digital marketing business, including insurance coverage and intellectual property protection.
Obtaining a digital marketing agency license, permit insurance
- The best legal entity to use for your digital marketing agency
Starting a digital marketing agency business is really serious business, so the legal entity you choose will go a long way in determining how big you want the business to grow. Sure, choosing a legal entity for a business can be a bit difficult.
When it comes to choosing a legal entity for your digital marketing agency, you have the choice between a general partnership, limited partnership, LLC, “C” corporation, or “S” corporation. It is important to clearly establish that these different forms of legal structure for business have their own advantages and disadvantages; that is why you should weigh your options properly before choosing.
These are some of the factors to consider before choosing a legal entity for your digital marketing agency business; limitation of personal liability, ease of transfer, admission of expectations of new owners and investors and, of course, taxes.
If you take the time to critically study the various legal entities that you will use for your digital marketing agency business, you will accept that limited liability company; An LLC is the most suitable. You can start this type of business as a limited liability company (LLC) and in the future convert it to a ‘C’ corporation or an ‘S’ corporation, especially when you have plans to go public.
Upgrading to a ‘C’ or ‘S’ corporation will give you the opportunity to grow your digital marketing agency business to compete with the major players in the industry; You will be able to generate capital from venture capital companies, you will enjoy a separate tax structure and you will be able to easily transfer ownership of the company; you will enjoy flexibility in ownership and management structures.
Is professional certification needed to start a digital marketing agency?
Aside from the results it produces, professional certification is one of the main reasons that most digital marketing consultants and digital marketing companies stand out. If you want to make an impact as in the digital marketing agency industry, you must work towards acquiring all the necessary certifications in your area of expertise.
We highly recommend that you seek professional certifications; It will demonstrate your commitment to the business. These are some of the certifications that you can achieve if you want to run your own digital marketing agency business;
- AMA Certified Professional Marketer
- Content Marketing Institute Online Training and Certification
- Copyblogger Certified Content Marketer
- DigitalMarketer Certified Content Marketing Specialist
- Google AdWords certification
- Google Analytics certification
- HootSuite Advanced Social Media Strategy Certificate
- Marketing Management Certificate
- HubSpot certifications
- DMA Certified Marketing Professional
Keep in mind that the higher your qualifications and experience (experience), the easier it will be for you to land high-profile digital marketing contracts as a digital marketing consultant.
List of legal documents you need to run a digital marketing agency
The essence of having the necessary documentation before starting a business in the United States cannot be overstated. It is a fact that you can successfully run any business in the United States without proper documentation.
These are some of the basic legal documents that you are expected to have in place if you want to run your own digital marketing agency business in the United States of America;
- Certificate of incorporation
- Commercial license
- Commercial plan
- Nondisclosure agreement
- Employment Agreement (Offer Letters)
- Operating Agreement for LLCs
- Insurance policy
- Consultation of contractual documents
- Online Terms of Use
- Online privacy policy document
- Apostille (for those who intend to operate beyond the United States of America)
Choosing the right insurance policy for your digital marketing agency
In the United States and most countries around the world, you cannot operate a business without having some of the basic insurance required by the industry you wish to operate from. Therefore, it is important to create an insurance budget and perhaps consult an insurance broker for guidance in choosing the best and most appropriate insurance policies for your digital marketing agency business.
These are some of the basic insurance coverages that you should consider purchasing if you want to start your own digital marketing agency business in the United States of America;
- General insurance
- Health insurance
- Liability insurance
- Workers compensation
- Disability insurance for general expenses
- Business owner policy group insurance
Intellectual property / trademark protection for your digital marketing agency
If you are considering starting your own digital marketing agency business, you generally may not have a need to apply for intellectual property / trademark protection. This is because the nature of the business makes it possible for you to run the business successfully without having any reason to challenge anyone in court for illegally using your company’s intellectual property.
But if you only want to protect your company logo and other documents or software that are exclusive to you. You can then apply for intellectual property protection. If you want to register your trademark, you are expected to start the process by filing an application with the USPTO. Final approval of your trademark is subject to attorney review as required by the USPTO.
