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Setup your accounting and legal structure.

 

Day 2

Setup your accounting and legal structure.

 

Please follow these steps in order.

  1. Get a domain name that can is the same or similar to your business name.  Tips on choosing a domain name. xxx

Register your business name.

 

If you have decided on a business name, register it with your state government. Be sure you have used a name that you can also use for your web site domain name.

Get a business license from your local government.

You will also need a reseller’s permit if you want to buy products at wholesale prices for resale.

Likewise you will need to register so that you can collect and pay any sales taxes.

Open a business bank account and keep the money separate from your personal accounts.

Signup for PayPal to start with so that you can accept credit cards. Look into getting a PayPal swiper so that you can accept credit cards when you are not in your office.

Buy QuickBooks for your accounting system. You can print professional invoice, send bills, and keep track of your progress. Your accountant will love you.

If you will be signing contracts buy legal forms and consult with an attorney.

Here are some links to help you with Setup your accounting and legal structure.