www.sba.gov/hotlist/license.html

This web site directs you to each state within US and may be able to provide information on counties and cities as well.

If you're in Canada or Great Britain you can use these sites

canada.gc.ca/main_e.html

or

www.sbs.gov.uk

If you have additional questions you are always able to go to your favorite search engine and search for "business licenses" + "state, province, or country”

When you are searching Internet, you will also find many services that will file necessary forms for you.

You save time, but it can be costly.

I found it very easy and much less expensive to file forms and apply for permits on my own.

Many of forms can be filled out and applied for directly on Internet.

Doing it on your own is much less expensive, however, if you don't have time, a service would make sense.

When this article next continues I'll go over forms of business entity, advantages and disadvantages and what is best for your business.

This article on STARTING A BUSINESS? is not "professionally" advising you on business matters, or business agreements. If you have any concerns in regards to your business, I would advise consulting an attorney.

© Working at Home Ideas and Information http://working-at-home-ideas-and-information.com/ 269 Portico Aisle Irvine, CA 92606

You will need to select from various types.

The two typical corporations that most CPA's or attorneys will recommend are S and C corporations.

You should keep in mind that every state has different laws for corporations.

What an lawyer may tell someone in California may not be true in Florida.

S Corporation: - Allows for limited liability of owners/officers/directors.

-Typically runs on a calendar year.

- Full disclosure of corporate owners.

- Profits pass through to individual tax return 1040. No tax brackets separate from personal tax brackets apply.

- All profits are taxed even if not distributed.

- State taxes will apply for individuals who are located in a state with an individual state tax.

C Corporation - Allows for limited liability of owners/officers/directors.

- Runs on a fiscal year, which may be designated by board of directors, rather than on a calendar year . - Nevada requires no disclosure of corporate owners.

- Profits are taxed at corporate rates on an 1120 return separate from individual return.

- Profits can be kept as retained earnings.

When this article resumes, I'll go over accounting and taxation needs of a business. Look forward to seeing you then.

This article on STARTING A BUSINESS? is not "professionally" advising you on business matters, or business agreements. If you have any concerns in regards to your business, I would advise consulting an attorney.

© Working at Home Ideas and Information http://working-at-home-ideas-and-information.com/ 269 Portico Aisle Irvine, CA 92606