Phase 1
Choose your structure
Sole proprietor vs company, LLC vs corporation, S corporation election, and which state to form in.
- 1.1Sole proprietor vs company
- 1.2LLC vs corporation
- 1.3S corporation election (optional)
- 1.4Which state to form in
- 1.5Avoid shortcuts that hurt you
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 2
Name and brand
Naming best practices, name search, domain, name reservation, DBA, brand kit and optional federal trademark.
- 2.0Naming best practices
- 2.1Search your name
- 2.2Secure the domain at the same time
- 2.3Optional name reservation
- 2.4DBA (fictitious business name) if you trade under a different name
- 2.5Brand kit
- 2.6Federal trademark (optional)
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 3
Address, agent and phone
Business address, registered agent, business phone and business email.
- 3.1Business address
- 3.2Registered agent
- 3.3Business phone
- 3.4Business email
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 4
File your company
Formation documents, EIN, Statement of Information and beneficial ownership.
- 4.1File formation documents
- 4.2Get your EIN from the IRS
- 4.3Statement of Information
- 4.4Beneficial ownership (BOI)
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 5
Corporate records
Bylaws or operating agreement, minutes, ownership records and a company records binder.
- 5.1Bylaws (corporation) or operating agreement (LLC)
- 5.2Organizational minutes and first board resolutions
- 5.3Issue stock or membership units
- 5.4Keep a company records binder
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 6
Licenses and registrations
Business licenses, DBA, seller’s permit, employer requirements and professional licenses.
- 6.1City business license or business tax certificate
- 6.2County fictitious business name if using a DBA
- 6.3California seller’s permit from CDTFA if you sell taxable goods
- 6.4EDD employer account and workers’ compensation insurance before you hire your first employee
- 6.5Professional or trade licenses
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 7
Banking
Open business checking, keep money separate and build healthy statements.
- 7.1Open a business checking account
- 7.2Keep personal and business money separate
- 7.3Build healthy statements
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 8
Online presence
Domain, professional email, website, Google Business Profile and social accounts.
- 8.1Domain and professional email (if not done in Phase 2)
- 8.2Website
- 8.3Google Business Profile
- 8.4Social media
- 8.5Get it done for you
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 9
Business credit foundation
Industry code, D-U-N-S number, business credit files, starter vendors and monitoring.
- 9.1Choose your industry and NAICS code
- 9.2Get a free D-U-N-S number
- 9.3Check that Experian Business and Equifax Business files exist for your company
- 9.4Open starter vendor accounts that report to business bureaus (net 30 accounts) and pay early
- 9.5Monitor your business credit and keep your info consistent
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.
Phase 10
Stay compliant
California minimum tax, Statement of Information renewals, meetings, licenses and tax filings.
- 10.1California $800 minimum tax
- 10.2Statement of Information renewals (corporation every year, LLC every 2 years)
- 10.3Annual meeting, minutes and license renewals
- 10.4Tax returns and payroll filings with your tax advisor
This guide is for general information and education only. It is not legal, tax or accounting advice, and using it does not create an attorney client or accountant client relationship. Laws, fees and deadlines change. Confirm every step with official sources and talk with your own attorney or tax advisor before you file or make a tax election. CrediFund.Loans is not a law firm or CPA firm.