SUCCEED BUSINESS GROUP
Have a business, or starting a business? Either way there are some things that need to be done in order for you business to be structured correctly. Succeed is helping people start their business the right way.
From
Russel R. Thompson, M.B.A
1. Have you selected a business name?
Your business name will be important on how you create it. The Secretary of State does not allow anyone to have the same business name. Therefore, it is important to pick a name that unique enough to also get a business domain and email to match the registered business name.
2. Have you selected a business address, registered agent, and business phone number?
This is considered the foundation of the business because this information will go on everything you apply for. Its important to get this imp
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3. Have you organized the business by creating the articles, bylaws or operating agreement and ownership certificates?
Before filing registering your business on the Secretary of State, your business needs to be organized first. Your articles of incorporation will identify the business owners and registered agent. The bylaws or operating agreement will identify the owners job duties, initial contribution, and total compensation. The ownership certificates are another notarized document that shows your ownership in the business.
4. Have you selected the entity type that is best structure for your business?
There are several different type of business entities that can be structured in alignment to your business purpose. Choosing the correct entity structure will benefit your business in several way.
5. Have you selected the entity tax classification for your business?
After filing the business, IRS requires every business to choose its entity classification. Entity classification is divided into three categories. Your business put choose to be a Corporation, Partnership or a Single member owned business.
6. Have you selected a bookkeeper for your business?
Before filing registering your business on the Secretary of State, your business needs to be organized first. Your articles of incorporation will identify the business owners and registered agent. The bylaws or operating agreement will identify the owners job duties, initial contribution, and total compensation. The ownership certificates are another notarized document that shows your ownership in the business.
7. Have you selected your business accounts?
At your convenience you can set up a business bank account in just minutes. We use Bluevine for our business bank accounts. Clink the link below to get started.
Set Up Online Business Account8. Have you selected an accounting software for your business?
Before filing registering your business on the Secretary of State, your business needs to be organized first. Your articles of incorporation will identify the business owners and registered agent. The bylaws or operating agreement will identify the owners job duties, initial contribution, and total compensation. The ownership certificates are another notarized document that shows your ownership in the business.
Set Up Business Accounting Software9. Have you selected a credit card processer for your business?
Before filing registering your business on the Secretary of State, your business needs to be organized first. Your articles of incorporation will identify the business owners and registered agent. The bylaws or operating agreement will identify the owners job duties, initial contribution, and total compensation. The ownership certificates are another notarized document that shows your ownership in the business.
Set Up Business Accounting Software10. Have you selected the proper insurance for your business?
Before filing registering your business on the Secretary of State, your business needs to be organized first. Your articles of incorporation will identify the business owners and registered agent. The bylaws or operating agreement will identify the owners job duties, initial contribution, and total compensation. The ownership certificates are another notarized document that shows your ownership in the business.
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