Starting a Small Business 101
October 4, 2008
Choose a Business Structure: Find the best ownership structure for your small business. The most basic of all business legal structures is the sole proprietorship. Other possible structures include the popular limited liability company, a partnership, or an S corporation.
Register Your Business: Starting a small business requires the usual paperwork and regulations. Secretary of State offices register corporations, LLC’s, partnerships, and articles of dissolution. Setting up your small business may require an employer identification number. The EIN is also used by state taxing authorities to identify businesses.
