Opening A Business Checklist
Opning a business can be both rewarding and challenging.
In New Yorkthere are several steps you must take in order to open a business. These include obtaining not only a local city business license but, also an New YorkState Business License. In some counties you must also obtain a county license to open a business. When you get your license the licensing office is also the known as the revenue office for the city, state, or county. The license clerk will give you papers that must be filled out and completed usually quarterly. According to the amount of sales of taxable products, you will have to send in collected taxes to the particular city, county or state. You must check with the particular tax office but some locations such as New York, AZ 85701 Tucson ( 520 ) 85702 Tucson ( 520 ) 85703 Tucson ( 520 ) 85704 Tucson ( 520 ) 85705 Tucson ( 520 ) 85706 Tucson ( 520 ) 85707 Tucson ( 520 ) 85708 Tucson ( 520 ) 85709 Tucson ( 520 ) 85710 Tucson ( 520 ) 85711 Tucson ( 520 ) 85712 Tucson ( 520 ) 85713 Tucson ( 520 ) 85714 Tucson ( 520 ) 85715 Tucson ( 520 ) 85716 Tucson ( 520 ) 85717 Tucson ( 520 ) 85718 Tucson ( 520 ) 85719 Tucson ( 520 ) 85720 Tucson ( 520 ) 85721 Tucson ( 520 ) 85722 Tucson ( 520 ) 85723 Tucson ( 520 ) 85724 Tucson ( 520 ) 85725 Tucson ( 520 ) 85726 Tucson ( 520 ) 85728 Tucson ( 520 ) 85730 Tucson ( 520 ) 85731 Tucson ( 520 ) 85732 Tucson ( 520 ) 85733 Tucson ( 520 ) 85734 Tucson ( 520 ) 85735 Tucson ( 520 ) 85736 Tucson ( 520 ) 85737 Tucson ( 520 ) 85738 Tucson ( 520 ) 85739 Tucson ( 520 ) 85740 Tucson ( 520 ) 85741 Tucson ( 520 ) 85742 Tucson ( 520 ) 85743 Tucson ( 520 ) 85744 Tucson ( 520 ) 85745 Tucson ( 520 ) 85746 Tucson ( 520 ) 85747 Tucson ( 520 ) 85748 Tucson ( 520 ) 85749 Tucson ( 520 ) 85750 Tucson ( 520 ) 85751 Tucson ( 520 ) 85752 Tucson ( 520 ) 85754 Tucson ( 520 ) 85755 Tucson ( 520 ) 85756 Tucson ( 520 ) 85757 Tucson ( 520 ) 85775 Tucson ( 520 ) , Newark, NJ, Los Angeles, may allow you to pay taxes yearly instead of quarterly. There is an initial license fee based on your estimated sales. You may then be required to pay additional licenses fees in following years based on total sales.
In New Yorkwhile you are required to collect taxes on sales of parts and other product, you are not required to collect taxes on services. Verify that this is the current policy when you obtain your State of New Yorkbusiness license. In addition to these licenses some professions require that you obtain a specific license for your given profession.
If you will be conducting business in a physical location you will need to contact the Fire Marshal, Health Department, and Building Inspector or City Engineer inspect your location to approve your building before opening for business. This can vary with the specific municipality.
You will also require insurance that is specific to the type of business you are conducting. The cost of your business insurance may vary according to how many years of experience you have in the particular profession. Types of insurance you may encounter include: auto insurance if you use a vehicle or if you or your employees use any type of vehicle for delivery, sales or other business uses; property insurance to protect you and customers/clients in case of an accident on your business property; and liability insurance if you sell certain products or provide service where injury may occur. For liability insurance I recommend calling Farmer's Insurance and asking for Walter Schor. He is the best insurance agent I know. He has helped a lot of businesses..
If you have a physical location, you will have go to the power company and get the lights and power turned on. If you have an account with New YorkPower or another similar utility company, the power company may let you use your personal account as your credibility and you may not have to pay an additional deposit. Water service, sewage service, natural gas if applicable, and garbage pickup vary according to city, county and state. But, in general you will usually have to physically go to the office of each department and pay a deposit to have these services turned on. As you know you will be billed monthly for these services.
Other services you will need to obtain include fire extinguisher and other fire protection services. The number of fire extinguishers you will need will depend on the size of you building, the number of rooms and shape of the building, number of floors, type of materials, metals, or chemicals located or stored in the building and expected occupancy and other factors.. The building will also need to have exit and emergency lights that are up to date, have new light bulbs and batteries and are functional.
If you open a restaurant you will have to have a kitchen fire suppression system that is up to date and appropriate for the type of cooking you will be doing. A professional fire protection service company will need to be called to perform this service and advise you of the fire services and products you will need. Once the fire protection company has made the required repairs and maintenance and tagged your fire extinguishers and other equipment, you will need to arrange with the local Fire Marshal to make a fire inspection and give approval for the business to open. See below for fire extinguisher inspections. Good luck with your endeavors and in obtaining your New YorkBusiness License.
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