Hello Tribe! Starting a business can be a complex process, but understanding the different types of business registration and their respective requirements can help make the process smoother. There are several different types of business registration, each with its own unique characteristics and requirements. Here is an overview of some of the most common types of business registration: Sole Proprietorship:…
January 7, 2019
Apply for your Employer Identification Number (EIN)
An Employer Identification Number (EIN) is a unique number assigned to a business by the Internal Revenue Service (IRS) for tax purposes. Here is an overview of the process for applying for an EIN: Determine if you need an EIN: An EIN is generally required for businesses that have employees, are required to file certain business tax returns, or are…
January 7, 2019
Starting an LLC for Entrepreneurs: An Overview
The procedure to start an LLC (Limited Liability Company) for a small business can vary depending on the state in which the business will be operating. However, in general, most states require the following steps: Choose a business name: Your LLC name must be unique and distinguishable from other business names on file with the state. File articles of organization:…