How to Register Your Business in 5 Simple Steps

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How to Register Your Business in 5 Simple Steps
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1 Choose Your Business Structure

• Youve come up with the perfect idea for your
  business and decided its time to start turning
  it into reality. Before you dive headfirst into
  the process, take some time to do some basic
  research and planning so that you can start your
  business off on the right foot. Here are five
  simple steps to get you started on how to
  register your business in one day or less.

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2 Register Your Business Name

• The first step for registering your business is
  deciding on the type of business structure you
  want. This will be either a sole proprietorship,
  a partnership, or a corporation.
• A sole proprietorship is easiest because theres
  no need to register with the state and the owner
  assumes all liability for taxes and debts, but it
  cant issue stock or offer ownership stakes. A
  partnership is similar because theres no need to
  register with the state, but it has limited
  liability, meaning partners are only liable for
  their investment into the company. A corporation
  has more complicated paperwork at registration
  because it registers with both federal and state
  governments. However, it offers shareholders
  protection from personal liabilities, which means
  owners arent held personally responsible for any
  debts incurred by their company.

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• Registering your business is easy. All you need
  is a name, a DBA, and a website. Here are five
  simple steps
• Pick a business Name
• Register with the Secretary of State
• Register with the County Clerk
• Get an Employer Identification Number (EIN) from
  the IRS
• Check if you need permits, licenses, or
  certifications

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3 Get A Tax Identification Number
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4 Obtain Licenses and Permits

• While registering your business, you must get a
  tax identification number. The IRS will assign
  you an Employer Identification Number (EIN). To
  register, complete Form SS-4 and mail it to the
  IRS with a check or money order. Youll need the
  name and address of your business, as well as
  information about what kind of entity you are,
  your principal business activity, and how many
  employees you have. If youre starting solo,
  register your business as an LLC, but keep in
  mind that this is only valid if there are two or
  fewer members. If you want to start as a
  corporation but anticipate adding partners, later
  on, consider registering under the corporation
  name with a provision specifying as an LLC at
  some future date if desired.

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• Registering your business is just the first step.
  The next thing you need to do is open a business
  bank account. Here are five simple steps you can
  take to register your business and set up a new
  account at your local bank
• a) Create an LLC, Corporation, or Sole
  Proprietorship (each has its advantages, but the
  most common choice for small businesses is an
  LLC)
• Create an LLC, Corporation, or Sole
  Proprietorship (each has its advantages, but the
  most common choice for small businesses is an
  LLC)
• Naming your business
• Registering with the state - Getting a tax ID
  number from the IRS and filling out paperwork at
  the post office (if applicable)
• Opening a business bank account that is separate
  from personal accounts.
• This helps keep finances separate and organized.
  Youll also want to register your business name
  with the state so that you dont run into any
  copyright issues down the line.

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Contact Us

• Address - 710 Buffalo St. Ste. 802 Corpus
  Christi, Texas 78401
• Email - info_at_foreseeableresourcegroup.com
• Phone - [phone]
• Website - https//foreseeableresourcegroup
• Blog - https//foreseeableresourcegroup.com/how-to
  -register-your-business-in-5-simple-steps/