Jack Woods

 

Central Business Solutions 

301 Lynnfield Street, P.O. Box 3169 Peabody, MA 01960

 

Phone:  978-532-0266

Fax:      978-532-9105

 

1147 Main Street, Suite 213, P.O. Box 299 Tewksbury, MA 01876

 

Phone: 978-851-8044

Fax:     978-851-9332

 

Email: jack@cbps.com

March 2021

Business Start-Up

Insights and Tips

Starting a business involves research, planning and making critical financial and legal decisions. Once you’ve landed on your product or service offering, consider these steps when launching your new business.

Funding
Will you fund it or will you seek outside capital from investors or businesses?
Structure
How you structure your business impacts your registration requirements and taxes.
Location
Selecting your location, whether it’s a storefront or an online store, impacts your taxes and legal requirements.
Register
Once you’ve settled on a business name, register with your state to ensure no other businesses are operating with your name.
Bookkeeping
Keep personal and business finances separate by opening a business bank account.


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