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Startup Advisor Blog
Startup Advisor Blog (2)Startup Advisor Blog Please visit the forums to post questions, comments, thoughts and more. http://colospgsbiz.org/forum/cse-coffee-crews
Regards, Charles
Published in
Startup Advisor Blog
This is my first post of many and let me start by saying that blogging isn't my first forte. This isn't a professional running editorial on running your business. Just informal assistance, so let's get started. Before you get started you need to understand the type of businesses entities there are and what your end goal is with the business. There are six types on the federal level;
Once you know which type of business entity you are, you must obtain an Employer Identification Number (EIN, also referred as Federal or FEIN) to allow you to pay and track taxes on a federal level. It's quite easy to apply for here: http://www.irs.gov/businesses/small/index.html Again, decide which business type you are before you get started.
On a state level, setting up a business is easy, once you have your EIN. The Colorado Business Express website ( http://www.colorado.gov/cbe/stepsNew.html ) will help walk you through the process. Here you will find a wealth of information on the steps to getting started. While it doesn't answer all of your questions, it's a great start.
This will get you started and later this week, I will walk through all of the types of business with more details explaining the differences.
Regards, Charles
Published in
Startup Advisor Blog
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