Starting A Business (1 - 3)

Jun 29
21:00

2004

Michael Herman

Michael Herman

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Starting a Business - (1 - ... on the reason for you to start ... a retail store, an Internet store, aservice ... a home based business or anyother kind.If you're like I was, you

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Starting a Business - (1 - 3)Depending on the reason for you to start abusiness,Starting A Business (1 - 3) Articles a retail store, an Internet store, aservice business, a home based business or anyother kind.If you're like I was, you have lots of questions:- Business licenses, or permits, what do Ineed?- Form of entity? What should the businessbe, Asole proprietorship, partnership,Corporation, etc?And- Accounting or bookkeeping, what should Ido?I struggled to find answers to my questions and Iwas surprised that there were very few web sitesprovided me the information I needed.I spent hours and hours on the computer searchingfor information on starting a business.I was often frustrated by what I found regarding,the licenses I needed, the form of business entitymost appropriate and the accounting or bookkeepingsoftware most suitable to me.I hope to be able to save you from thefrustrations which plagued me.Licenses and permits?What licenses and permits apply me, or thebusiness, when I start a business?Most businesses, especially business thatinvolve selling products, require a State Tax ID.In my state applying for and obtaining a “SellersPermit” also provides you with a Tax ID.The way that you obtain a State Tax ID may bedifferent for the state, province, or country thatyou are in.After a lot of searching the Internet, I finallyfound the information I needed.Unfortunately it took me hours and hours ‘glued’to my monitor, the phone book and the phone.The site that I found, showed me the city, county,state, licenses and permits Iwould need.www.sba.gov/hotlist/license.htmlThis web site directs you to each state within theUS and may be able to provide information on thecounties and cities as well.If you're in Canada or Great Britain you can usethese sitescanada.gc.ca/main_e.htmlorwww.sbs.gov.ukIf you have additional questions you are alwaysable to go to your favorite search engine andsearch for "business licenses" + "state, province,or country”When you are searching the Internet, you will alsofind many services that will file the necessaryforms for you.You save time, but it can be costly.I found it very easy and much less expensive tofile the forms and apply for the permits on myown.Many of the forms can be filled out and appliedfor directly on the Internet.Doing it on your own is much less expensive,however, if you don't have time, a service would make sense.When this article next continues I'll go overforms of the business entity, the advantages and disadvantages and what is best for your business.This article on STARTING A BUSINESS? is not"professionally" advising you on business matters, or business agreements. If you have any concerns in regards to your business, I would adviseconsulting an attorney.© Working at Home Ideas and Informationhttp://working-at-home-ideas-and-information.com/269 Portico AisleIrvine, CA 92606