Please reach us with any question you may have : graham@corap.us
You can do it yourself, no middleman to siphon off a one-time (ha ha ha), or worse... a monthly fee (ohhhh dear god)
You can register your LCC, online in most cases, by simply completing and submitting the paperwork for the review process which can be, cheap or quick, but typically not both.
Quick (1-3 days) : base fee(s) + ~$500
Pretty quick (2 weeks_ : ~ base fee(s) + ~$200
Slow : up to 3 months : base fee(s)
And once registered, a number of companies will email and (snail) mail you requirements for your new business for posters and registration requirements. This including "National Business Services" for items like : EIN (Tax number) which you can register for free, Labor Law Poster, which you can download and print out for free, and Certification of Status which will be completed with the LCC registration and a requirement to open a business bank account. No middle man or service required.
GoDaddy has email, if you do not "need" office type software - DO NOT PAY EXTRA for it.
If you do not need it specifically... you do not need it at all.
Super simple process. The hardest part... waiting for the registration with the state to be complete. WAIT until you have received confirmation of state, then apply for an EIN, via the IRS website (https://www.irs.gov/businesses/small-businesses-self-employed/get-an-employer-identification-number) Usually response is like 2 minutes.
After the business have been registered with the state, and with EIN in hand, open a business account to separate personal and business expenses and purchases. Transfer money to the business from personal account, for tax proposes. ALL buys and sells go through the business account
All business is completed online these days, and a business credit card is just about a requirement. Even if it is a personal named card, make sure it is a NEW account, and only used for business expenses. NOTHING PERSONAL unless it is a business expense.
The one software subscription I choose for CoRaP was intuit. It was not as intuit-ive as I thought (think) it should be, but some basic AI searches and a little trial and error, will get you there. Plus, it will make your life easier at the end of the year. AND let you figure out where all the money went, for better or worse, and can help you make better decisions moving forward.
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