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How to Start an Online Business in 8 Steps, LegalZoom, start online

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How to Start an Online Business in 8 Steps

When you own an online business, you can work from anywhere, set your own hours and make a living on the Internet. Online businesses can also have extremely low startup costs—making them perfect for a new entrepreneur without a lot of cash.

Here’s a step-by-step guide on how to start an online business.

Step 1: Choose a Business Structure

When you start a business, you must decide whether you’ll operate as a sole proprietorship, limited liability company or corporation.

An individual or husband and wife can operate as a sole proprietorship. This is the simplest type of business structure and you don’t need to file any paperwork to set one up. However, sole proprietors have no protection from liability for the business’s debts and obligations.

For this reason, many people who are starting a business choose to form a limited liability entity such as a limited liability company or a corporation. The owners of these types of business entities are typically not personally liable for the business’s obligations.

An LLC is generally more flexible and involves less record-keeping and reporting than a corporation. However, a corporation may be a good choice if you want to bring in money from outside investors.

Step 2: Decide Where to Form Your Business

You’ll form an LLC or corporation by filing paperwork with the state.

For most small businesses, it’s best to file formation documents in the state where you’re located. By doing this, you’ll avoid the added costs of registering to do business in your home state and hiring an out-of-state registered agent. However, if your business will have significant nationwide activity or you expect to attract venture capital, you might consider incorporating in Delaware.

It’s worth taking some time to choose a unique name for your online business. A unique name:

  • Helps you market your business
  • Minimizes the chance that a similarly named business will accuse you of trademark infringement
  • Increases the chance that you’ll be able to get a domain name that matches your business name
  • Complies with state law requirements that corporation or LLC names be different than all other entity names registered in your state.

Once you have a name in mind, you can conduct a Google search to see if any similarly named businesses come up. You can also search trademarked names at the U.S. Patent and Trademark Office website, and most states allow you to search registered business names online.

As soon as you decide on a name, register a domain name for your business. The domain name is your Internet address, typically ending in “.com.” You can check your proposed domain name’s availability by typing it into the address bar of your Internet browser and seeing if an existing website appears.

Many companies offer domain name registration—you simply set up an account, identify the name you want to register and pay an annual fee.

Step 5: File Your Business Formation Papers

Forming a business entity requires filing documents with the state agency that handles business filings. You’ll also need to pay a filing fee, which varies from state to state. Once your corporation or LLC is formed, you’ll receive a certificate confirming that your new business entity exists.

Step 6: Set Up Your Finances

You can obtain a federal tax ID number from the Internal Revenue Service website. If you’re a sole proprietor or a single-member LLC, you can opt to use your Social Security number instead.

You’ll also need to open a business bank account when starting an online business and, if you’re going to be processing transactions through your website, an account with Paypal or another online payment service.

Step 7: Understand Sales Tax and Licensing Requirements

If you are selling things online, you’ll most likely have to collect and pay sales tax for transactions in any state where your business has a physical presence. However, procedures vary from state to state and it’s a good idea to contact your state’s taxation department and/or an accountant to find out your responsibilities.

You should check with your city or county to find out if you need a business license or are required to register a fictitious business name or DBA.

Step 8: Set Up Your Website

To get your website up and running, you’ll need to purchase web hosting, which is typically offered by the same companies that provide domain registration. Hosting gives your website a place to live on the Internet.

It’s possible to set up a website yourself, but unless you’re a designer or Web developer, you can expect a pretty steep learning curve. If you have the budget, consider hiring a professional to help you with some or all of the following: configuring the site to look the way you want and include the features you need; creating and inserting a logo; optimizing the site for search engines; and creating text and images.

Once you’ve chosen a name and business structure, filed paperwork with the state and set up your website, you’re ready to get going with your online business. Remember that the Internet is a busy place and you can’t sit back and wait for customers to come to you. Look for ways to actively promote your business through online advertising, social media and old-fashioned word of mouth.

Need help deciding which business structure is right for you? Try our Start a Business Wizard or check out our handy business structure comparison chart. LegalZoom’s business formation services include filing your paperwork with the state, obtaining your EIN from the IRS, and connecting you with independent lawyers and tax professionals through our business legal plan to answer any questions you might have.



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Business

Kansas City s Harley-Davidson plant makes newest model to hit the market

Assembly of the Harley-Davidson Sport Glide motorcycle began this summer at the company’s assembly plant east of Kansas City International Airport.

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Kale smoothies, avocado toast among the offerings at this new Troost restaurant

New Overland Park restaurant serves Indian barbecue kebabs (and sides)

Updates: Veterans Day free meals, deals discounts in the Kansas City area

It s like darts, but with axes: Ax throwing club hits West Bottoms

Thrillist picks Plaza area steakhouse as one of the 31 best in the nation

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KCTV and KSMO replace general manager with former business manager

Meredith Corp., which owns the two stations, did not say why its own vice president of finance has succeeded Kansas City general manager Mike Cukyne.

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Health Care

Kansas City area medical practice falls into bankruptcy

Kansas City Internal Medicine filed for bankruptcy on Wednesday. Some of its doctors are joining the HCA Midwest Physicians network.

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Government & Politics

How about another election? KC council plans to ask for key vote in April

The City Council set in motion plans for an April election to extend the one-cent sales tax for capital improvements. The city collects about $70 million a year from the tax, first approved by voters in 2007 and which is up for renewal next year.

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Cityscape

Updates: Veterans Day free meals, deals discounts in the Kansas City area

Discounts for veterans and active duty military run through Nov. 13. They include free or discounted meals, free haircuts and discounts on merchandise.

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Government & Politics

Poll showed new KCI had big lead but supporters kept it under wraps

As Election Day loomed, “cautiously optimistic” was the mantra chanted by advocates for a transformed Kansas City International Airport. They expected a win, but said it would be close.

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Government & Politics

With KCI votes counted, when will we see the wrecking ball?

Kansas City voters strongly approved a new terminal at KCI, but don’t expect to see construction at the airport just yet.

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National & International

Trump calls Putin sincere, ex-US intelligence heads ‘hacks’

President Donald Trump is back on the defensive over Russian election meddling, saying he considers President Vladimir Putin’s denials sincere, dismissing former U.S. intelligence officials as “hacks” and accusing Democrats of trying to sabotage relations.

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National & International

A look at Trump’s business associates across Asia

A look at some of President Donald Trump’s business partners and contacts in Asia.

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National & International

The Latest: In tweets, Trump criticizes ‘haters and fools’

President Donald Trump is bashing the “haters and fools” he says are questioning his efforts to improve relations with Russia.

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Entertainment

George Takei, Richard Dreyfuss respond in harassment scandal

George Takei, Richard Dreyfuss latest celebrities swept up in Hollywood sexual harassment, assault scandal.

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Entertainment

The Latest: Warner Bros. suspends Supergirl showrunner

“Supergrirl’ and “Arrow” executive producer Andrew Kreisberg has been suspended amid sexual harassment, misconduct accusations by 19 former and current employees.

National & International

Baltimore losing thousands in parking fines

Baltimore is losing out on collecting hundreds of thousands of dollars in parking fines because city officials have not implemented a new law for more than two months.

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Cityscape

Kale smoothies, avocado toast among the offerings at this new Troost restaurant

Ruby Jean’s Juicery plans a Nov. 11 opening at 3000 Troost. A new convenience store gas station plans to open later this year at 5901 Troost.

National & International

Hawaii judge dismisses lawsuit against seed company, board

A judge in Hawaii dismissed a lawsuit that sought an environmental review of the actions by a seed company operating on the island of Kauai.

National & International

Lawmakers seek review of Eversource’s response to wind storm

Two Connecticut senators want General Assembly to hold public forum on Eversource Energy’s response to October wind storm.

National & International

Report: Inspection found 13 defects on CSX track last year

A federal inspection in June of last year reportedly found 13 defects on CSX track in Bergen County, a route that has become a corridor for shipping crude oil and ethanol to refineries.

National & International

US Senate passes Veteran’s Administration bill by Oklahomans

A bill by Republican Sens. James Lankford and Jim Inhofe intended to address the care of military veterans in Veteran’s Administration hospitals has passed the U.S. Senate.

Technology

The Latest: Outside firm to look into harassment allegations

Minnesota’s House speaker says an outside firm will investigate allegations of sexual harassment by a lawmaker.

National & International

Southern California plant flourishing under bomber program

Southern California aerospace flourishing thanks to bomber boom.



Business News From Australia – World, best business to start.#Best #business #to

FANGed: Why Murdoch may sell Fox

Best business to start

When Rupert Murdoch unofficially hung the for sale sign on his empire’s prized assets this week, it was confirmation that the mogul had been “FANGed”.

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Western Australian power banker joins EY

It has been a busy week for former Macquarie Capital senior banker and and now Reserve Bank of Australia board member Mark Barnaba.

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Saputo launches its charm offensive

Lino Saputo, Jr the boss of Canada’s dairy giant Saputo Inc says he does not see any potential issues with the competition regulator.

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Low expectations about Canberra circus

The boss of Harvey Norman says shoppers already have such low opinions of politicians that the citizenship crisis hasn’t knocked confidence levels.

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How Appleby’s Australian plan failed

Why the law firm at the centre of the Paradise Papers leaks abandoned an attempt to set up a Sydney beachhead.

Judge blasts ‘unethical’, ‘dishonest’ ANZ, NAB

  • James Frost

A judge has blasted ANZ and NAB for gross departures from basic standards of commercial decency, for which the banks will pay $50 million ea.

Double Irish schemes ‘unrealistic’, ATO warns

  • Neil Chenoweth

The Tax Office has hit out at “ineffective and unrealistic” schemes being promoted to US companies identified in the Paradise Papers to set .

Banks to launch mining-style ad campaign

  • James Eyers

A new “banks belong to you” campaign will remind Australians that 80pc of bank profits are returned to them via dividends.

Reynolds loses battle over unpaid settlement

  • Vesna Poljak
  • Patrick Commins

The NSW Supreme Court recorded a judgment against David Reynolds and Attis Capital in a dispute brought by Faye Mary Parker, the mother of f.

How ACCC’s NBN changes could really shake up telcos

  • Opinion
  • Peter Moon

The ACCC’s NBN push should shake up a tightly controlled sector where wholesalers withhold crucial data from smaller service providers.

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  • How to Start a Rice Dealership Business, Pinoy Bisnes Ideas, best business

    How to Start a Rice Dealership Business

    Best business to startRice is an important primary staple food in many Asian countries especially in the Philippines. Indicating the high demand for this commodity, planning to put up a rice dealership business in your area is a wise choice. There is already an assurance that this business will succeed because buyers are already there. Of course, in any kind of business, conducting a feasibility study is always a crucial step to take. This will assess the economic viability of your proposed business.

    Here are some important questions to consider before plunging into this kind of business.

    1. Do you have enough capital or budget for your rice dealership business? With at least P60,000 to P100,000 as a starting capital.

    2. Do you want to operate as sole proprietorship or corporation? Business registration guide here.

    3. Do you have a big and safe storage room for the sacks of rice that will be delivered to you?

    4. Do you have a good location for your rice dealership business? Research the area of your target market, the flow of traffic and their buying habits.

    5. Do you have lists of rice suppliers in your area? Make sure you have a lists of several suppliers and make a good relationship with them.

    6. Do you have necessary equipments like calibrated weighing scales, rice sacks etc., and a service delivery (optional).

    7. What varieties of rice do you intend to sell? Make sure to have several varieties of rice, so that your customers will have several options.

    8. How will you market your business? This is also an important aspect especially you are new in this kind of business. Make a good marketing strategy and make your business known to your customers. Make a good deal with restaurant owners, hotels, resorts and small carenderias in your place to be their rice supplier.

    Here are Some NFA Rice Dealership FAQ

    Q: Who are required to secure license from NFA?

    A: All persons, natural or juridical, that are engaging or intending to engage in the rice and/or corn business whether commercial or NFA rice/corn.

    A: Before the start in any of the business activity enumerated above, the proprietor or operator should first secure a license from NFA. For those already license, businessmen should renew their annual license on any day within their scheduled month allotted by the NFA

    A: Application may be filed at the NFA office that has jurisdiction over the location of the principal business of the applicant.

    Q: In case we have more than one (1) store/establishment for Rice/Corn business, should all be licensed?

    A: Yes, owner/operator should file a license for all outlets at the NFA office where his principal place of business is located. Additional outlets are treated as branches.

    A: For new applicants, follow these procedures:

    secure application form from the licensing officer upon payment of application fee;

    accomplish and file application with complete requirements to the licensing officer who in turn checks the documents and determines corresponding license fee;

    pay license fee to the cashier and get copy of official receipt;

    prepare the facilities/equipment requirements for inspection by NFA Investigators;

    after inspection of establishments, present notice of inspection to licensing officer, official receipt and proof of compliance with deficiencies, if any;

    licensing officer issues license if application is found to be in order;

    applicants display license in their establishments.

    Procedures for renewal applicants:

    secure application from licensing officer upon payment of application fee;

    accomplish and file application with complete requirements together with previous year s license to the licensing officer;

    licensing officer checks completeness of requirements and determines license fee to be paid;

    pay license fee to the cashier and present the official receipt to licensing officer;

    licensing officer issues renewal sticker and stick it to appropriate portion of the license if application is found to be in order;

    applicants display licensing conspicuous place in their establishments.

    Q: For New Applicants, how long do we have to wait for the Approval of our License Application?

    A: The establishments and facility requirements of new applicants are inspected by NFA Investigators within 20 working days after the filling of their applications. Those inspected are given inspection notices stating the date when they can return to the NFA to show compliance with any deficiency, if any. Otherwise, their notices state the date they can get their license. In all these cases, it should not exceed 20 working days after inspection.

    A: Application fee is P50.00 for a single line activity and P100.00 for two activities or more. License fees depend upon capacity of the post harvest equipment used.

    A: Documentary and facility requirements depend upon the business activity.

    Q: Does the NFA requires only Licensing on Rice/Corn Business Activities?

    A: The NFA also require the registration of the following facilities aside from the license on the activities mentioned earlier list.

    motor vehicles used or intended to be used in transport/hauling of palay/ rice/corn whether for exclusive use or for hire except public utility vehicles franchised by proper government agencies not principally used for transporting rice/palay/corn;

    warehouses,threshers and sellers for own produce;

    mechanical dryers for owner s/operators exclusive use;

    packaging machines for owner s/operators exclusive use;

    institutions/establishments securing their rice/corn requirements from the NFA;

    poultry and hog raisers securing byproducts from the NFA;

    manufacturers/importers/dealers and distributors of rice/corn post-harvest facilities;

    non-operating mills and other post-harvest facilities. In this case, registration is done only once.

    Registration is done at the office of the NFA that has jurisdiction over the location of the principal business of the applicant.

    Registration fees see separate from that of the license fees.

    Q: In the event that I discontinue my business, what should I do with my License/Registration Certificate?

    A: Surrender your license/registration certificate to the NFA office that issued it together with a written notice of discontinuance.

    Otherwise, in case you reapply, you would be charged with the fees for the entire period that you have not applied for renewal.

    Q: What do you mean by Bonded Activities?

    A: Bonded activities mean third party stocks are deposited in your facilities, for storage, milling, threshing, corn shelling or mechanical drying. Operators/owners of facilities accepting third party stocks are required to post a bond as well as fire insurance to safeguard the stocks of the third party.



    How to Start a Rice Dealership Business, Pinoy Bisnes Ideas, start up

    How to Start a Rice Dealership Business

    Start up business ideasRice is an important primary staple food in many Asian countries especially in the Philippines. Indicating the high demand for this commodity, planning to put up a rice dealership business in your area is a wise choice. There is already an assurance that this business will succeed because buyers are already there. Of course, in any kind of business, conducting a feasibility study is always a crucial step to take. This will assess the economic viability of your proposed business.

    Here are some important questions to consider before plunging into this kind of business.

    1. Do you have enough capital or budget for your rice dealership business? With at least P60,000 to P100,000 as a starting capital.

    2. Do you want to operate as sole proprietorship or corporation? Business registration guide here.

    3. Do you have a big and safe storage room for the sacks of rice that will be delivered to you?

    4. Do you have a good location for your rice dealership business? Research the area of your target market, the flow of traffic and their buying habits.

    5. Do you have lists of rice suppliers in your area? Make sure you have a lists of several suppliers and make a good relationship with them.

    6. Do you have necessary equipments like calibrated weighing scales, rice sacks etc., and a service delivery (optional).

    7. What varieties of rice do you intend to sell? Make sure to have several varieties of rice, so that your customers will have several options.

    8. How will you market your business? This is also an important aspect especially you are new in this kind of business. Make a good marketing strategy and make your business known to your customers. Make a good deal with restaurant owners, hotels, resorts and small carenderias in your place to be their rice supplier.

    Here are Some NFA Rice Dealership FAQ

    Q: Who are required to secure license from NFA?

    A: All persons, natural or juridical, that are engaging or intending to engage in the rice and/or corn business whether commercial or NFA rice/corn.

    A: Before the start in any of the business activity enumerated above, the proprietor or operator should first secure a license from NFA. For those already license, businessmen should renew their annual license on any day within their scheduled month allotted by the NFA

    A: Application may be filed at the NFA office that has jurisdiction over the location of the principal business of the applicant.

    Q: In case we have more than one (1) store/establishment for Rice/Corn business, should all be licensed?

    A: Yes, owner/operator should file a license for all outlets at the NFA office where his principal place of business is located. Additional outlets are treated as branches.

    A: For new applicants, follow these procedures:

    secure application form from the licensing officer upon payment of application fee;

    accomplish and file application with complete requirements to the licensing officer who in turn checks the documents and determines corresponding license fee;

    pay license fee to the cashier and get copy of official receipt;

    prepare the facilities/equipment requirements for inspection by NFA Investigators;

    after inspection of establishments, present notice of inspection to licensing officer, official receipt and proof of compliance with deficiencies, if any;

    licensing officer issues license if application is found to be in order;

    applicants display license in their establishments.

    Procedures for renewal applicants:

    secure application from licensing officer upon payment of application fee;

    accomplish and file application with complete requirements together with previous year s license to the licensing officer;

    licensing officer checks completeness of requirements and determines license fee to be paid;

    pay license fee to the cashier and present the official receipt to licensing officer;

    licensing officer issues renewal sticker and stick it to appropriate portion of the license if application is found to be in order;

    applicants display licensing conspicuous place in their establishments.

    Q: For New Applicants, how long do we have to wait for the Approval of our License Application?

    A: The establishments and facility requirements of new applicants are inspected by NFA Investigators within 20 working days after the filling of their applications. Those inspected are given inspection notices stating the date when they can return to the NFA to show compliance with any deficiency, if any. Otherwise, their notices state the date they can get their license. In all these cases, it should not exceed 20 working days after inspection.

    A: Application fee is P50.00 for a single line activity and P100.00 for two activities or more. License fees depend upon capacity of the post harvest equipment used.

    A: Documentary and facility requirements depend upon the business activity.

    Q: Does the NFA requires only Licensing on Rice/Corn Business Activities?

    A: The NFA also require the registration of the following facilities aside from the license on the activities mentioned earlier list.

    motor vehicles used or intended to be used in transport/hauling of palay/ rice/corn whether for exclusive use or for hire except public utility vehicles franchised by proper government agencies not principally used for transporting rice/palay/corn;

    warehouses,threshers and sellers for own produce;

    mechanical dryers for owner s/operators exclusive use;

    packaging machines for owner s/operators exclusive use;

    institutions/establishments securing their rice/corn requirements from the NFA;

    poultry and hog raisers securing byproducts from the NFA;

    manufacturers/importers/dealers and distributors of rice/corn post-harvest facilities;

    non-operating mills and other post-harvest facilities. In this case, registration is done only once.

    Registration is done at the office of the NFA that has jurisdiction over the location of the principal business of the applicant.

    Registration fees see separate from that of the license fees.

    Q: In the event that I discontinue my business, what should I do with my License/Registration Certificate?

    A: Surrender your license/registration certificate to the NFA office that issued it together with a written notice of discontinuance.

    Otherwise, in case you reapply, you would be charged with the fees for the entire period that you have not applied for renewal.

    Q: What do you mean by Bonded Activities?

    A: Bonded activities mean third party stocks are deposited in your facilities, for storage, milling, threshing, corn shelling or mechanical drying. Operators/owners of facilities accepting third party stocks are required to post a bond as well as fire insurance to safeguard the stocks of the third party.



    The Lean Startup, The Movement That Is Transforming How New Products Are

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    The Lean Startup isn’t just about how to create a more successful entrepreneurial business. it’s about what we can learn from those businesses to improve virtually everything we do. I imagine Lean Startup principles applied to government programs, to healthcare, and to solving the world’s great problems. It’s ultimately an answer to the question ‘How can we learn more quickly what works, and discard what doesn’t? Tim O’Reilly CEO O’Reilly Media

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    Aardvark, a company subsequently acquired by Google, developed a social search engine. Learn More

    Meet-ups are happening everywhere

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    Get the Lean

    Why get the book?

    Do one important thing: make better, faster business decisions. Vastly better, faster business decisions. Bringing principles from lean manufacturing and agile development to the process of innovation, the Lean Startup helps companies succeed in a business landscape riddled with risk.

    This book shows you how.

    Start up business ideas

    About the Author

    Eric Ries

    Eric Ries is an entrepreneur and author of the New York Times bestseller



    Small Business Ideas, start up business ideas.#Start #up #business #ideas


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