Discover Business License, Zoning and Tax Filling Requirements for Your
Stay at Home Moms Business...
Determine what you need to do to legally operate yourself as a stay at home moms business. Whether you even need a business license or permit. What business zoning regulations apply to you. And what tax requirements you must meet.
Saving the frustration of finding out you need a license, permit, or I.D. number before ordering supplies, inventory, or applying for a loan.
Resource
Business.gov
is the best place to begin your research. They can help you find your license, permits, and tax requirements for your location. Contact your local town/city and county to find out the local regulations where you intend to do business. You can find additional resources at SBA Click on the state or region where you live The
Small Business Administration
offers some free resources funded by the federal government. A wealth of free or low cost resources to help start a small business.
Registering Your Name
Before getting a local business license or permit you will need to register your business name. Your local town or county office can direct you to the appropriate Register of Deeds to have it recorded for a sole proprietor and partnership. It's a fairly easy process. Before you go, ask about the recording fees. Think of a couple of alternatives in case the name you want is already taken. When you get to the Register of Deeds, you will need to do a simple search to find out if the name is available before you record the name you have choosen. You will need to contact your state to register L.L.C.'s and corporations.
Business Licenses
Your business may need one or more federal, state or local licenses or permits to operate. Regulations vary by industry and locality, so it's very important to understand the licensing rules where your business is located. Not complying with licensing and permitting regulations can lead to expensive fines and put your business at serious risk.
Business Zoning
While most residential areas are zoned to include a home office, you still need to double check with your local government before you
Start your Business
. Especially if you intend for your business to have more than an office. It may be possible to have the zoning changed for your home business.A zoning use permit is needed when making significant renovations or additions to your home to accommodate the business or if the commercial use of the building is changed.
Business Taxes
Contact your local Department of Revenue for your state to learn about the requirements for collecting and reporting taxes. You should be able to do a search online. You may have Employer Withholding Taxes, Corporation Income Taxes, or Sales and Use Taxes. Even if you sell online, you will still be required to collect and pay the appropriate taxes. Check whether they require monthly or quarterly reporting and payments.For Federal Identification Numbers contact the
Internal Revenue Service.
Keep in mind that tax liability for each business entity will be different and that you should consult your attorney and accountant regarding comprehensive tax planning to fit your unique business situation.
Moms Work from Home Tips
Keep track of licenses, permits, and registrations that need to be renewed and keep extra copies including applications with your records. Post where required by law.Don't forget to schedule and pay your taxes as required by law. It wouldn't be fun if the Department of Revenue calls you...
The Next Step
You've determined if you need a business license for a stay at home moms business. Learned what business zoning, if any, applied to you. Researched what to do about taxes. Now, the next step in learning How to Start a Business is to consider the
Tax Benefits
...
Leaving
Business License Requirements
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How to Start A Business
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