The first step to incorporating is to select the business structure you want to incorporate.
This is a crucial step to starting a business, as each specific structure will bring with it advantages that could influence your business. Factors to consider when choosing a business structure include: the type of business you have, its financial status, and the number of owners.
How to Choose Your Business Structure (And Make it Legal) is a comprehensive guide explaining the pros and cons of each business structure to help you choose the most appropriate one for your business.
Please review the guides below to learn how to incorporate your business using your selected business structure.
These guides give step-by-step instructions on how to form and register your business using these structures. Each guide also provides resources that make forming a business quick and easy.
Congratulations! You have followed the steps above and are officially an Arkansas business owner. Here are 5 additional steps to help you start a successful business.
You need a business plan to map out a course for the achievement of your business goals. However the idea of writing a business plan can be quite intimidating. First time buisness owners sometimes think that at business plan is something so technical that only experts can write one. This isn’t the case. Any individual can easily learn how to write a business plan with the help of one of the two resources below.
When you open a business bank account, you will be able to keep your personal and professional finances separate. This ensures that your personal assets will not be mixed with your business assets. If a mix up were to occur, it would be difficult to determine if you were making or losing money in your business.
Do some research in order to find the best bank to open a business account with. You can use the bank you keep your personal account with, just be sure to keep transactions 100% separate.
To compete with existing businesses, you need a business website to build trust with your customers. The best alternative to hiring an expensive designer is to start a website on WordPress.
Bluehost boasts a one-click-to-install option that the non-tech savvy entrepreneur can do him or herself. Learn how to get started with this simple guide.
As cliché as it may sound, learning is a continuous process. Learning about your industry should not stop because you have completed the incorporation process.
As an Arkansas startup, you must continue to learn and grow to be successful both now and in the future. Register for your Free Startup Kit and Library for a variety of startup kits and library of information links to help kickstart your business.
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