A Simple Guide to Making Your Small Business Legal
HI FRIENDS! MY NAME IS AMY, AND I HAVE OWNED AND OPERATED MY TSHIRT BUSINESS FOR THE LAST SEVEN YEARS. I HAVE DONE A LOT OF RESEARCH IN THE TOPIC OF MAKING MY BUSINESS LEGAL.
In this guide, we will cover the following topics. There will be applicable links that you can visit, too!
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SOLE PROPRIETOR DEFINITION; PROS AND CONS
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LLC DEFINITION; PROS AND CONS
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SETTING UP A SOLE PROPRIETORSHIP
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SETTING UP AN LLC
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Where to obtain sole proprietorship or llc
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Establishing an ein (employer identification number) (aka tax id)
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Establishing a reseller's permit (sales tax permit)
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Calculating taxes owed in your business
Each of these steps is very important for legally setting up your business. Be sure to thoroughly review each section and determine what next legal steps you need to take in your business.
*Disclaimer: I am not a lawyer or an accountant. Everything listed in this guide was learned during my personal journey with my business. All information is to be used as a suggestion from my personal standpoint.
THERE ARE BONUS FREEBIES AT THE END OF THE BOOK FOR YOU TO USE IN YOUR SMALL BUSINESS!!!