Checklist Before Venturing Out For A New Business


# Register your business

Get recognized and register your new business venture with the government of your country.

This will not only make your business legally established but give recognition as well.

After you register your business, the next big step is to obtain an Employer Identification Number from the Internal Revenue Service.

Businesses with sole proprietorships does not require one, but it is helpful to have it handy so that in future what if you employ someone, and it also helps in saving your taxes.

If you are registering as a corporation, the most important thing you'll need is an articles of incorporation document, which includes your name, business purpose, corporate structure, stock details and other information about your company.

READ MORE: Avoid These Advisors While Launching Your Own Startup

8 Things To Unlock To Become A Successful Entrepreneur