For example, sole proprietorships may have fewer funding options than LLCs and partnerships. Any entity that conducts business in Georgia may be required to register with the Georgia Department of Revenue. These include — but are not limited to — businesses that employee workers, sell goods, or sell specific products such as alcohol or tobacco. Before deciding on your business name, you may want to do an online search and make sure the corresponding domain name is available. A sole proprietorship is the simplest, least regulated, and most common form of business organization. Legally and for tax purposes the individual owner is the business. However all of his or her personal and business assets are at risk.
Inquire about a complimentary consultation to see if we’re a good fit to guide your business. As a business-only CPA firm, we provide business consulting and tax preparation and planning, working strictly with small business owners. We provide a number of options for how to utilize our expertise.
This free guide provides budding restaurateurs with resources to assist in the start-up process and support to existing restaurant owners. This free guide offers future grocery/convenience store entrepreneurs resources to assist in the start-up process as well as lending support to existing store owners. Some businesses may need to acquire specialized permits or licenses at various levels of government. Alcohol licenses, for example, must be obtained at the federal, state, and municipal levels. Both salons and the cosmetologists or barbers who work there must be licensed in the State of Georgia. Bars, restaurants, gas stations, and spas are just a few of the businesses that must obtain special permits to do business. Your industry or personal background may open up financing options. Many organizations provide funding to small businesses run by women, minorities, veterans, or the alumni of a specific college.
Successful businesses stay current through federal, state and local rules and regulations. Prior to registering your business with the state, you’ll need an “Employer Identification Number”, issued by the IRS. A number of agencies offer financing options for small businesses.
Do some research to discover all the available sources of funding for your business. Savings, loans, grants, private investors — there are many ways to fund your business. The type and amount of funding you can obtain is determined by many factors, including your business plan, the market, and your business structure.
Starting a business can be tough, especially if it’s your first time. You and your business can succeed by using training, counseling, and other assistance geared towards business owners. Planning for every aspect of your business and having expert resources available is key to success.
This guide will show you the steps to follow and the resources at your disposal. Use these easy steps to jump-start the process of launching your company. Sign up today to get this must-have reference guide, and start enjoying 24-7 access to reliable data routinely used by today’s industry leaders and experts. Please use the information here to help start your new business, and please contact us with any questions at, FAX. The center helps small business development in Georgia by offering a central location for the licenses and permits which must be obtained by individuals and businesses. The questions of a small business owner are numerous; you don’t have to go it alone.