Great work on choosing your legal structure! Now let's tackle the next crucial step: making your business official with the government.
Think of this as getting your business its "birth certificate" - official documentation that proves it exists.
Engagement Message
What do you think happens if you start doing business without proper registration?
Business registration means telling the government "Hey, I'm starting a business!" It's like introducing yourself at a party - you need to do it properly.
This process creates your business's official identity and keeps you out of legal trouble.
Engagement Message
What do you think causes authorities to shut down some businesses?
Every business needs three essential documents to operate legally: a registered business name, a tax ID number, and a business bank account.
These three work together like a three-legged stool - you need all three for stability.
Engagement Message
Which of these three sounds most confusing to you right now?
Your business name registration (called a "DBA" - Doing Business As) tells your state who you are. It's like claiming your username on social media.
This prevents two businesses from having the same name in your area and protects your brand.
Engagement Message
What business name have you been considering, or are you still brainstorming?
The tax ID number (called an EIN - Employer Identification Number) is like your business's social security number. The IRS uses it to track your business taxes.
You can get this free directly from the IRS website - never pay a service for this!
Engagement Message
Why do you think some companies try to charge for something that's free?
