We’re going to provide some ABCs of business startups, because, as a small business owner, you will soon be thrown into a sea of alphabet soup. There’s FISA, ROI, KPIs, ISP, IT, R&D, EOD. That’s just for starters. Maybe one day, IPO will get thrown in the mix.
The experts at Numbers House can help you navigate this sea of alphabet soup. We can provide business startup services so you can focus on running and growing your new enterprise.
Now for the ABCs of starting a small business:
A. Licenses and permits. We can prepare and apply for state and local permits and licenses. Starting a home service business? You definitely need licenses for that. If you need it, Numbers House will secure it, and it will save you untold time and money.
B. EIN. Partnerships, corporations, and LLCs need to have a Federal Employer Identification Number. It has to come from the Internal Revenue Service. Need we say more? We can handle that headache, too. In some structures, such as a sole proprietorship, you may not need an EIN. We can sort through the differences and exceptions for you.
C. Payroll. Paying your employees may seem like a simple proposition. It’s not. You have to calculate withholdings for social security, unemployment insurance, income taxes, insurance, retirement accounts, and more. That’s why a growing number of small businesses choose to outsource their payroll functions.
D. Operating agreements. This crucial document outlines a company’s mission, leaders, liabilities and financial reporting methods. An operating agreement outlines the duties and functions of company officers, and is key to preventing legal disputes and limiting liability.
This is just a sample of the services provided by Numbers House to help you better digest the alphabet soup. Contact Numbers House for a full menu of services and how we can get your company off the ground as painlessly as possible.