· Executing your business plan: Your business plan is the foundation of your business. It’s a roadmap for how to structure, run, and grow your new business.
· Register your business and Legal Structure: Once you’ve picked the perfect business name and decided your legal structure, it’s time to make it legal and protect your brand. If you’re doing business under a name different than your own, you’ll need to register with the federal government, and maybe your state government, too.
· Get federal and state tax IDs: You’ll use your employer identification number (EIN) for important steps to start and grow your business, like opening a bank account and paying taxes. It’s like a social security number for your business. Some — but not all — states require you to get a tax ID as well.
· Apply for licenses and permits: Keep your business running smoothly by staying legally compliant. The licenses and permits you need for your business will vary by industry, state, location, and other factors.
Copyright © 2024 Love Lee Consulting - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.