A Quicker Guide On “How To Start A New Business” From Scratch(10 Steps)

Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business.

Step 1: Write a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2: Get Business Assistance and Training

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Find government backed loans, venture capital and research grants to help you get started.

Step 5: Determine the Legal Structure of Your Business

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 6: Register a Business Name (“Doing Business As”)

Register your business name with your state government.

Step 7: Get a Tax Identification Number

Learn which tax identification number you’ll need to obtain from the IRS and your state revenue agency.

Step 8: Register for State and Local Taxes

Register with your state to obtain a tax identification number, workers’ compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits

Get a list of federal, state and local licenses and permits required for your business.

Step 10: Understand Employer Responsibilities

Learn the legal steps you need to take to hire employees.

 

Knowledge Shared With You and Published By: Terry “Mississippi Sipp” Brisco

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About kandypaintrecords

True Playas, Pimps, Hustlas and Fans of Down South Hardcore Reality Rap know rapper Artist/Ceo Mississippi Sipp Of Kandy Paint Records talent and street fame like they know their own. As a Young Player from the South and CEO of Kandy Paint Records Mississippi Sipp blazed the scene for local popular Southern rap acts such as Lower 9,BDP(BLACK DOGG POSSE),754 Boyz,Needle in a Haystack and countless of others to follow. As a Ceo,Artist,Song Writer,Producer,Graphix Designer and a Trill Hustler the LELAND MISSISSIPPI native is on the come up and is literally helping mold the sound of Southern rap music, certain influences like Dj Screw, Master P,Juvenile,Baby,Lil-Keke,UGK,M r.Pookie,SUC,LIL FLIP,CED T,3-6 Mafia,Playa Fly,and many other Texas Rappers Help Gave "SIPP" DA NEW DOWN SOUTH SOUND. Born Terry "Terell" Brisco in the small town of Leland Mississippi born & raised in the rough and tumble neighborhood of Black Dog where he experienced the various ups and down associated with being a young Black male growing up Down South. Like many southern areas in the late 80s Leland,Mississippi was hit with a crack epidemic that turned the once peaceful town upside down. Drugs and violence became a common place and "SIPP" struggled to avoid the traps that the Streets and Court System set up for young black men.

Posted on July 31, 2012, in Business Ventures, Random Information How TO, Uncategorized and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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