Small Business Tips

 

Step

Objective

1

Figure out what type of business you want to be in. Sketch out a plan for it.

2

Determine which state (Delaware, Nevada, your home state) to start the business in. Check those franchise taxes.

3

Incorporate your C-corporation or Formulate your LLC.

4

Get a mailbox at Mailboxes, etc. and try to obtain forwarding services if company is created in another state. Some of the MBEs can act as a registered agent for half the normal cost if you rent a box from them.

5

Obtain IRS Employer Identification Number. IRS has a fax in form service and you get a number in 10 days.

6

Get Internet Domain Name if you don’t have one. Make sure that your business is the owner.

7

Get Temporary Stationary (letterhead) – Use MS Word or some other word processing application.

8

Sign Up for Web Hosting services.

9

Sign-up for D&B Number.

10

Get Bank Account.

11

Get Brokerage Account if needed.

 

 

 

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