How to Pick a Business Type and Get It Registered- Step by Step

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  • čas přidán 6. 09. 2024
  • Choosing a business structure and getting your business formally registered as a business is a huge part of actually being an entrepreneur. But there are so many schools of thought on this topic, from what type of business should it be… all the way to… should you even take the time to register a corporate structure? The answer is simple…YES you should…if you want to make money from your business then it needs to be a registered business and the structure you choose is very important. But, how do you pick a business type and get it registered? What are all the options out there and what’s the difference between them- LLC, S-CORP, C-CORP Partnership, Sole proprietorship and the list goes on. Well in today’s episode of CPTV, I am going to walk you through all of the types and how to get your business registered, including expert advice from a CPA and an attorney (BONUS)! So you can get the information you need TODAY and get your business structure chosen and registered tomorrow! So let’s get to work!
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Komentáře • 28

  • @cherylcperez
    @cherylcperez  Před 3 lety +2

    💖MY START UP BUSINESS ACADEMY IS FINALLY HERE!!! This online learning center is finalized and is full of over 100 detailed video trainings, tools, swipe files, and templates that will give you everything you need to set up your million-dollar business. You can get more detailed information here: 👉👉🏾www.cherylcperez.com/SUAinfo

  • @MrsStandOnBusiness
    @MrsStandOnBusiness Před rokem

    Thank you ✅💎

  • @davisderrick9830
    @davisderrick9830 Před 3 lety +2

    We set up a LLC for the reason Jeff have stated. Thank you Miss CP. I like your content.DD

  • @Daisy_92
    @Daisy_92 Před 3 lety +1

    OMG!! Jeff was awesome! and I love that he takes pride in field work than office. Very personable and thorough. Would love to work with him once my business is up and running. Thanks a bunch for giving us all this gem! Blessings to you🌹🙏🏽

  • @malayss397
    @malayss397 Před 3 lety +4

    Hi Cheryl, I’m currently setting up my new business 2 of them I need virtual address ASAP can I use the same virtual address for both business? What is the best virtual address besides Regus? I need phone service as well thank you dear love what your doing for the community.😇💗

  • @yaniquebucknor3423
    @yaniquebucknor3423 Před rokem

    Great content, I'm so happy I found you

  • @stephanieball1525
    @stephanieball1525 Před 2 lety

    Great information! I'm still in the planning process of turning my photography hobby into an actual business and so much of what you have brought up and said wasn't even on my radar. Thank you so much for extending your knowledge and resources. Who you are coincides with your branding so well!

  • @cherylcperez
    @cherylcperez  Před 4 lety +3

    Hey love…… Now that you have all this information: What business structure are you leaning towards and why? If you already registered your business, what type of business is it and why? Put it down below in the comments-Inquiring minds want to know!

    • @alexiusreese1489
      @alexiusreese1489 Před 2 lety

      I went with an LLC structure for my Truck Dispatching Business for the protection of my personal assets. Single member LLC is the best structure for my starting business at the moment due to me being the only member apart of the business at the moment.
      I will make my Landscaping business an INC structure. I’m not sure why just yet. Gotta finish watching the video and researching 😂
      I want to grow that business so big I’m all over the state of GA and even in different states. I want to offer so many different services such as lawn maintenance, landscaping installations, Landscape construction (building fences, decks, outside home remodeling, etc), handyman services (plumber, painting, in home remodeling). So, I will need a huge crew to make teams to go out and work. 🙌🏽

    • @gegem5839
      @gegem5839 Před 2 lety

      I’ve been stuck in between some proprietor or LLC for by online store. But I think LLC will be for that

  • @shametrahorton3430
    @shametrahorton3430 Před 2 lety

    what's the process to change from a sole proprietorship to a llc if I have not yet obtained a TIN?

  • @pinkorganichorse
    @pinkorganichorse Před rokem

    When you convert from llc to s corp, do you need to chanfe your business name to drop the "LLC" part if the name?

  • @leslielewis40
    @leslielewis40 Před 3 lety +1

    I think mine will be an LLC. I’m starting as a Loan Signing Agent. I may eventually turn it into a partnership with my daughter, but I’m not sure yet.
    I’m very grateful that he mentioned the part about retirement because I wasn’t aware of it and since I didn’t do what I should have when I was young I need to be hyper vigilant about it now. Thanks again for the great information!

  • @benardmitchell2853
    @benardmitchell2853 Před 2 lety

    Great job

  • @henryamy4628
    @henryamy4628 Před rokem

    What type of LLC should you use

  • @beverlytriche2465
    @beverlytriche2465 Před 3 lety +1

    I don't have the registration with the secretary of state, I wanted to go non-profit. Not LLC..? CORP.

  • @rubymaclin5512
    @rubymaclin5512 Před 2 lety

    Doing an LLC you have to find a Registered Agent, right. I've been approached by Inc 1000 to register my business and for them to be my registered agent. I just don't know. I think local RA would be best. What do you think 🤔?

  • @francinabryson1662
    @francinabryson1662 Před 2 lety

    LLC ?

  • @leife2858
    @leife2858 Před 2 lety

    Been watching a few videos where and when I can. Set up my consult with a lawyer. Looking to get LLC and get business name trademark.

  • @alexiusreese1489
    @alexiusreese1489 Před 2 lety

    I need to get with a lawyer to get the agreements in place and done right. I also need the insurance as well. Do I need insurance for a Truck Dispatching Business?

  • @OH-vh6vi
    @OH-vh6vi Před rokem

    Yayyy

  • @GoaWay...
    @GoaWay... Před 3 lety +2

    Can't we have a LLC taxed as an s-corp?🤔 I saw a few people say that you could do that. 😐

    • @cherylcperez
      @cherylcperez  Před 3 lety

      Yes ma'am....keep in mind... you have to pay yourself as a W2 with an SCorp as well. And the amount has to be "reasonable". But for federal tax purposes, you can simply make an election for the LLC to be taxed as an S Corporation. All you need to do is fill out a form and send it to the IRS

    • @GoaWay...
      @GoaWay... Před 3 lety

      @@cherylcperez thank you. 😊

  • @gegem5839
    @gegem5839 Před 2 lety

    What amount of profit do you need to be earning to move over to c-corp or s-corp? I think that’s what I’m hearing. I was thinking of just doing some proprietor for my small online business

  • @nikki09918
    @nikki09918 Před 3 lety

    No, I only have an LLC.

  • @jacksimmons7596
    @jacksimmons7596 Před 2 lety

    I have a llc. Ein and dun and brad number registered with Irs
    How can I register my llc with state of n.j
    With limited funds