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Small Business

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> What do you need to start a small business?
In terms of government forms, tax things, whatever - just to make it official.
> What are some ideas of very small businesses - ideally with low overhead?
They don't have to be crazy original, I just want some ideas to get my mind working.
> What else should I know?
>>
You need two things, an EIN and a sales tax ID. They're both necessary to open accounts with wholesalers and file taxes.

Beyond that, you can file for a DBA (Doing Business As) but it's not super necessary if you use your name (Smith Plumbing) or stay small.
>>
>>1847534
>What else should I know?
Do. Not. Count. On. Anybody.

Not customers, not suppliers, not employees, not affiliates. They will all leave you holding the bag if it's convenient. If you're one of those types that think taxes and regulations are the only problems a business faces because some dropout on the radio told you so, you're in for a rude awakening.
>>
You need to file forms with your state/locales department of commerce, possibly the city, its good to have separate bank accounts which requires the EIN.

For business ideas just flip through the yellow pages.
>>
>>1847534
Get llc off legal zoom.

Get cpa for taxes.

Learn to write shit off legally
>>
>>1847747
This also. Fuck everyone but u
>>
>>1849415
The last time I used legalzoom for something court-related, the clerk laughed and said "these forms are 10 years old"
>>
>>1847534
>In terms of government forms, tax things, whatever - just to make it official
a business license from your city.

that's it.
there's no federal requirements except you must make a profit and pay taxes on it.

you don't need an EIN unless you employ people. You don't need a sales tax license unless you sell retail. You don't need an LLC and you don't need to register a DBA in most states.

so honestly the only requirement is that you turn a profit and have a business license.
>>
>>1849841
also, not a requirement- but-
only a boneheaded motherfucker of a cocksucking idiot runs a business without liability insurance.

consider yourselves warned.
Thread posts: 9
Thread images: 1


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