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Small Business Basics

FAQs

  • What is a business?
  • What do I need to start a business?
  • Do I need a taxpayer identification number to start a business?
  • As a non-citizen, can I live in the U.S. if I buy or start a small business there?
  • Do I need a fictitious business name statement?
  • Do I need any licenses or permits to start a new business?
  • A bond was required for my occupational licensing. Why do I need one?
  • If I want to give investors a piece of my new business in exchange for their investment, would it be better to create the business as an LLC or as a corporation?
  • What are the steps to dissolving a business?
  • What are common forms of business ownership that reduce personal liability?
  • I sell a line of household pet products in my veterinarian office. I had to apply for a seller’s permit in addition to a state occupational license. What are seller’s permits?
  • What if I want to start a home-based business and I live in a condo or co-op?
  • What happens if I take out a small business loan and then cannot make the payments when my small business fails?

More In This Topic

  • Small Business Basics
  • Sole Proprietorships
  • Types of Businesses
  • Naming Your Business
  • Insurance and Small Businesses
  •  

More FreeAdvice

  • More In This Topic

  • Small Business Basics
  • Sole Proprietorships
  • Types of Businesses
  • Naming Your Business
  • Insurance and Small Businesses
  • Laws In Your State

  • Starting a Business in New York