The first 5 steps entrepreneurs should take to start a small business - Business Insider

If you're ready to take the leap and launch your business, you may be wondering where to begin. We asked four entrepreneurial experts to share the first five steps necessary to start a business, any business, from freelancing and photography to tax preparation and interior design. Here's their advice.

"Forming an LLC in California, for example, will cost you a franchise tax payment of $800 per year, whether or not you need or even use the LLC," Allec explained. "That being said, given your industry and personal wealth situation, it may very well be advisable to set up a business entity for your business right from the get-go for asset and legal protection purposes."

If you have your heart set on a name for your business, first you'll need to make sure it isn't already in use or trademarked. You can check this for free at. If it's available, you'll need to register it, as this makes your business a distinct legal entity. How and where you need to register depends on your business structure and location.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Small business owners say these 4 things are key to growth - Business InsiderMaintaining a positive cash flow is crucial to a small business' success, but the first step is getting the right financing. Here are a few options.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Uber delivers mixed Q3 earnings results - Business Insider - Business InsiderUber accelerated revenue growth in its core ride-hailing segment after more than a year of stagnation, but still has a net loss of $1.2B in Q3 2019.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider wants your nominations for the next leaders of self-driving car tech - Business InsiderBusiness Insider wants to find the next wave of autonomous driving stars. Tell us who tomorrow's industry leaders are. Why should my car be a self-driving? Driving is fun. If I don‘t want to drive I can order a taxi or go by bus or train.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Adobe's CTO explains how it uses AI to disrupt its own business model - Business InsiderAdobe's CTO explains how it's competing with the rest of Silicon Valley for AI talent, and why it's trying to make its own products irrelevant before a competitor can
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »