10 Ten To Do List For New Businesses
When you start a new business, your head explodes with ideas and you get so excited to start it up. I remember when I started, I was thrilled to get it started. I wanted to take out loans and just pour money in to get it up and running as fast as possible.
There are 10 extremely important steps to take that precede all others
Select a Business Structure - LLC vs Corporation
Selecting a Business Address - Virtual address
Select a Registered Agent - use a registered agent service, not yourself
File State forms for your Business Formation
Hire Counsel for an Operating Agreement, Bylaws, and Stock/Ownership Certificates - do not miss this step, this one step separates your business from you.
File for IRS EIN
File for state sales permits and other business licenses
Apply and Obtain Business Bank Account
Hold First Official Corporate Meeting/ Record Minutes
Establish Sales Softwares for Everyday Business Use & Accounting Software