First, look up business license for the city/state in which you live. It is typically in the city center. You will go there and fill out an application, and pay a small fee. Then you will need to advertise in some local paper that you are now doing business as.... whatever the name is. The folks at the business license place will give you a list.
Depending on what type of business you are going into you will need a seller's permit, or resale license.
As far as insurance is concerned, you will need some type of insurance if your business is located outside of your home, and if you have employees. There are all sorts of tax rules with employees.
If you are the only employee, keep good records of what you buy and sell because if you sell a product you will need to pay sales and use taxes each year.
Good luck. There should be a SBA (small business association) in your area. They are a wealth of good information.
|