How to Register Your Business


5 Simple Steps

If you’re interested in launching your own practice, it’s important that you secure all the required licenses, permits and registrations to function legally.  The SBA, an independent agency of the federal government designed to promote small business, provides a listing of five steps to register your new venture:

1.   Determine and register the legal structure of your business. It’s important to take the time to consider which business entity best matches your particular business situation: sole proprietorship, limited liability company, partnership, C or S corporation. The business entity you choose depends largely on your personal situation and circumstances.  So it is a decision that requires pertinent information and considerable thought.  Once you decide, you must register your business with state agencies, a process which is dictated by where you live.

2. Register your business name.  Follow the trademark process and register your business name.  Some states require sole proprietors to register any business name, other than their own given name.  Before selecting a name it’s important that you research your state’s requirements.

3. If necessary, obtain your federal tax ID.  Depending on your business, you may have to register for an Employer Identification Number (EIN), also known as a Federal Tax Identification Number, at the  Visit their official website to learn more.

 4.   Obtain state tax IDs.  In additional to federal taxes, your business will also be required to pay some state and local taxes.  Because tax laws vary by state, you must research your state tax requirements to see what your business will be responsible for.

 5.   Obtain licenses and permits.  You may need a business license or permit to legally operate your business.  Again, these regulations vary by state and you’ll need to see what your state requires.

If you’ve considered launching your own business, it’s important that you start off on the right foot.  Ensure you secure all the required licenses, permits and registrations in order to operate on the up-and-up while avoiding legal trouble.

Start Your Own Bookkeeping Service

Universal Accounting Center offers the best accounting, bookkeeping and tax training available.  Would you like to start your own bookkeeping service?

Most of your competitors don’t offer specialized small-business accounting services.  But after completing the Professional Bookkeeper (PB) program, you can!  Consider a training program that is catered to your needs and busy schedule—one that will enable you to earn a professional designation after just 60 hours of your valuable time.

When you enroll in the Professional Bookkeeper Program you receive to the following:

  • Flexible training you complete on your own schedule
  • Rich and engaging training DVDs you can view again and again
  • Hands-on instruction and practice sets through which you gain much-needed experience
  • Training in building and marketing your new practice
  • 6 months of valuable follow-up support
  • The opportunity to earn professional certification
  • Our iron-clad risk-free guarantee

Expand your service offerings by enrolling in UAC’s valuable training programs.  Call 1-877-833-7909 to enroll today!


–.  “5 Steps to Registering Your Business.”

Table of Contents


Recent Articles


GrowCon Recap — Day 2

For owners of accounting, bookkeeping, tax preparation, and advisory businesses, the opportunity to work ON the business and collaborate with fellow entrepreneurs at an event like GrowCon is truly invaluable. Scores of the over 100

Read More »

Recommended Reads

Tax Preparation Course

About How it works Testimonials Course Details Coaches Curriculum FAQs Apply Today More than just a Tax Preparation Course We focus on hitting your income & career goals. If you are like our students, you

Read More »

Professional Bookkeeper Certification Course

Get The Skills To Be A Bookkeeping & Accounting Professional     What is our Professional Bookkeeper™ Certification?   Many professions use designations and certifications to identify their areas of expertise. It recognizes individuals as

Read More »

Become An Enrolled Agent, EA

Become An Enrolled Agent, EA An enrolled agent is a tax practitioner who is licensed with the Internal Revenue Service to represent clients before the IRS. An enrolled agent is the highest credential awarded by

Read More »
QuickBooks Specialist Certification.jpg

QuickBooks Certification

Get the Skills to Be a QuickBooks Specialist QuickBooks Specialist™ Certification The Professional Bookkeeper’s Guide to QuickBooks is designed to teach anybody how to use QuickBooks. Whether or not you consider yourself a bookkeeping professional,

Read More »

Accountant Certification Programs

Get Certified in Accounting, Bookkeeping, Tax Prep, QuickBooks etc. Enhance & Grow Your Business Knowledge in as little as 4 Weeks with Our Accountant Certification Programs From employers to clients, everyone likes a financial professional

Read More »