Business Formation Process

The business formation process involves several key steps to legally establish a new business entity. This process can vary depending on the type of business structure chosen (e.g., sole proprietorship, partnership, corporation, LLC) and the jurisdiction in which the business operates. Below are the steps involved in forming a business:

1. Choose a Business Structure

Decide on the legal structure of your business, which will affect your liability, taxes, and regulatory requirements. Common structures include:

• Sole Proprietorship

• Partnership

• Limited Liability Company (LLC)

• Corporation (C-Corp or S-Corp)

If you're unsure, don't worry; we will assist you with this part.

2. Select a Business Name

We assist you in selecting a distinctive name for your business that represents your brand and is not currently in use. We verify trademark and domain name availability.

3. Register Your Business

Based on the structure you select, we will register your business with the relevant state or local authorities. This includes:

• Filing Articles of Incorporation or Organization

• Obtaining a business license

• Registering for a DBA (Doing Business As) name, if applicable

4. Get an Employer Identification Number (EIN)

If you intend to hire employees or run a corporation or partnership, you must acquire an EIN from the IRS. This number is utilized for tax reporting purposes and is included in this service.