08 Sep, 2017

Starting A Business In Florida

Before you begin the procedure involved in starting a business in Florida, you must first of all have a clear picture of the idea that you want to venture in or create. There are several documents and licenses which are required in order for your business to be legitimate to both the customers and the state. The state of Florida normally offers assistance to potential entrepreneurs and it is usually in the form of resource help, tax and licensing. You will also be required to obtain the business license from a legal enterprise that is based in Florida before you can be allowed to commence operations. In the event that you are alone then the sole proprietorship will be suitable for you. On the other hand, when you are starting a business in Florida with other people then a partnership or a LLC (Limited Liability Company) will suffice. The advisable thing to do when you are still in this step is to approach the FDR (Florida Department of Revenue) which will guide you though the entire process and assist you in choosing the most appropriate structure for your particular case. The next step that you will be required to undertake is filing for the business name that you have chosen. This is usually done by the FDC (Florida Division of Corporation) and you can either visit their offices in person or fill the information online. This is one of the tasks that you will have to complete before starting a business in Florida because there might be other companies which are using the business name that you have picked in Florida and you are not aware of it. Once the name has been cleared, you will be given the go-ahead of registering the business name with the FDC at a charge of $50. After you have completed this step, the next thing that you should do is to acquire a business license from DBPR (Department of Business and Professional Regulation) in Florida. This step of starting a business in Florida can also be done through the internet because the website of the DBPR has all the instructions relayed in simple steps. There are other documents that you will also need when starting a business in Florida like the license for the state tax which is normally issued by the FDR (Florida Department of Revenue) and the EIN (Employer Identification Number) issued by the IRS.