Starting up a new business can be daunting.
-What are the different types of businesses I can file as?
-Which one is right for me?
-Can I change later on?
-What needs to be filed?
-What order must I apply for them?
-How do I file?
-What insurance coverage do I need for the place of business and employees?
-What are the additional requirements needed when hiring employees?
These are just some of the difficult questions a new business has to figure out. Many college business class and entrepreneurship programs don't cover anything beyond a writing a good business plan.
The Federal requirement is always the same, but each state can be different. Some states require you to apply only through a business attorney, others let you apply online and get results immediately, and some have a combination of processes you must go through. Some states have local tax or school jurisdiction.
Most of these answers can be found scouring through the internet, calling local agencies, etc. This can take up precious time. You may find all the answers, but what happens if you don't?
Let Total Payroll Solution help direct you in the right direction to make sure your new business has a chance for success by "having all of your ducks in a row" before you start. As a part of our customer service, we have helped several businesses get everything they needed at no extra cost. We want you to succeed!
Please give us a call at 765-288-7243 or visit our website at www.tpspayroll.com for more information.
Friday, May 6, 2011
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