Contacting a commercial realtor in your area can be helpful. Lease Office, Warehouse or Retail Space (if not home-based)ĭepending on your type of business (retail, office or warehouse), arrange for office space to be leased. TIP: Contact the bank prior to opening the account to see what their specific requirements are to open a business checking account some banks’ requirements are fairly simple whereas some banks’ requirements are extremely complex. Select a bank and open the company bank account. TIP: If you use our Incorporation or LLC formation services we can obtain this on your behalf. A FEIN will be necessary to open a bank account or process payroll. If you are setup as a Corporation, LLC or Partnership (or a sole proprietorship with employees), apply for a Federal Employer Identification Number (FEIN) from the IRS. Obtain your Federal Employer Identification Number (FEIN) If you haven’t already, prepare at least a preliminary business plan. Domain Name Search from M圜ompanyWorks.WS.Corporation or S-Corporation ( form a Corporation now). ![]() Limited Liability Company (LLC) ( form an LLC now).Sole Proprietorship ( form a Sole Proprietorship Now). ![]() ![]() You basically have 4 choices when selecting a legal structure.Ĭlick Here for a detailed explanation of all 4. Also note that our incorporation and LLC formation clients receive access to The Startup Wizard – an online interactive startup checklist that is personalized to your state and company type (Corporation, LLC, etc.) that guides you step-by-step through what you need to do to properly organize your company after it’s been formed. NOTE: This is a general startup checklist – click here for our State-specific Startup Guides.
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