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    Everything You Need To Know To Structure Your Business
    Everything You Need To Know To Structure Your Business
    Everything You Need To Know To Structure Your Business
    Ebook86 pages47 minutes

    Everything You Need To Know To Structure Your Business

    By Troy Anders

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    About this ebook

    Are you looking to start a business? Are you having difficulty with deciding where to start? Are you ready to go to the next level? Are you ready to become your own boss? If so, Everything You Need to Know to Structure Your Business is the perfect tool to make sure you have the necessary inf

    LanguageEnglish
    PublisherAnders Publishing
    Release dateOct 28, 2020
    ISBN9781648588020
    Everything You Need To Know To Structure Your Business

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      Book preview

      Everything You Need To Know To Structure Your Business - Troy Anders

      Everything You to Know to Structure Your Business

      Troy Anders

      Published by

      Anders Publishing

      4830 Wilson Road Suite 156

      Humble, TX 77396

      © Troy Anders and Anders Publishing 2020

      All rights reserved. No portion of this book may be reproduced in any form without written permission excerpt for brief excerpts quoted in critical reviews

      ISBN 9781648586606

      Table of Contents

      Sole Proprietorship

      Sole Proprietorship Advantages

      Sole Proprietorship Disadvantages

      Partnerships

      Types of Partnerships

      Forming a Partnership

      Filing information for Partnerships

      Partnership Advantages

      Partnership Disadvantages

      Corporations

      Corporation Advantages

      Corporation Disadvantages

      S Corporation

      S Corporation Advantages

      S Corporation Disadvantages

      C Corporation

      C Corporation Advantages

      C Corporation Disadvantages

      Limited Liability Company

      Limited Liability Company Advantages

      Limited Liability Company Disadvantages

      Non-Profit Organization

      Types of Non-profit Organizations

      Non-profit Organization Advantages

      Non-Profit Organization Disadvantages

      Search the Availability of Your Business Name

      Search the Availability of Your Business Name

      Register Your Business Name with State

      Register Your Assumed Name with The Secretary of State

      When Do You Need a DBA? (Doing Business As)

      How to Register Your DBA Name

      Difference Between Assumed Name and DBA

      Register for Your EIN or Federal Tax ID with the IRS

      How to Apply for an EIN?

      Register Your Business with Dunn and Bradstreet

      Business Certifications

      Register Your Business with the 8(a) Business Development Program

      Benefits of the 8(a) Business Development Program

      8(a) Business Development Program Requirements

      Trademark Your Business Name and Logo

      Registering Your Business Name as a Trademark

      Trademark Downside

      Registering Your Logo as a Trademark

      Types of Business Taxes

      Business Plan

      Executive Summary

      Company Description

      Market Analysis

      Organization & Management

      Service or Product Line

      Marketing Strategy

      Funding Request

      Appendix

      Everything You Need to Know to Structure Your Business was composed to assist individuals with the necessary steps to build a solid business foundation that could last for decades. Starting a business is an exciting time in one’s life. Many times, businesses are started to make a quick dollar, while others are started to begin generational wealth. Whichever reason it is you are starting your business; we wish you the best.

      We want you to know that hard work and dedication are a major part of the success of your business. Many different characteristics make an effective business owner and entrepreneur. While a successful business is determined by many measures, it starts with a solid foundation. The information provided in Everything You Need to Know to Structure Your Business will make it easy for you to understand the process of structuring a business and always keeps you in charge of your business. Follow the steps below and watch your business grow!

      So, you have decided to start a business. This is GREAT! The next question is, what kind of business? It is always wise to start a business in which you have the experience, expertise, and or resources. Not having a clear image of your business will have you trapped in the world of possibilities and finished before you even get started. Choosing the type of business, you want is the most important part of starting a business. Starting a business, you have a passion for is always a plus. It has been said, If you love what you do, you’ll never work a day in your life. I like to say to Package Your Passion and Profit!

      You will have to know if your business is Non-Profit or For-Profit. You will also have to determine if your business is an online business (virtual store, information source, etc.), retail storefront, personal service provider, etc.

      A few questions to ask yourself to determine which type of business you will start are as follows:

      What is the purpose of my business?

      How will I fund this venture?

      How will I generate revenue?

      Will I need employees?

      Once you have answered those questions, it is time to determine how to effectively structure your business. There are several different types of ways to structure your business and it is my pleasure to layout each of

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