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Of course, incorporating your business or forming an LLC with the state is important because it protects your personal assets from business debts and liabilities.
In September it announced there will be a free app for small to medium businesses to use to reach customers.
Either way, properly account for all business disbursements, payments received, invoices, accounts receivable/accounts payable, etc.
And if you don’t have enough capital to start a business, this is also the time to seek funding from banks or through Small Business Administration (SBA) loan programs.9. This will help reduce the number of times your company prepays for purchased products and services.
It also helps establish a strong credit history, which is helpful for vendor and supplier relationships.
Getting a Dun & Bradstreet (D&B) DUNS (or D-U-N-S) number for your business is advisable, as it is often used to check business creditworthiness.10. For home-based businesses, ensure you are meeting city zoning requirements for your area.