Comments on: How do you start a business in the state of Florida?

By: Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software accounts receivable collection factoring finance what is factoring international factoring factoring help invoice financing purchase order financing financial factoring cash flow finance Depends on what type of business entity you are looking to set up and how you want the taxes to be passed through to your personal income. Setting up a business is actually pretty easy in Florida. You go to sunbiz.org, click on electronic filing and file your articles of incorporation based on which business type you want to have (LLC or C-Corp). Then call the IRS @ 1-800-829-4933 and get your EIN number. Setting up the business is a piece of cake, determining which business entity is right for you is a lot harder. My best advice would be to sit down with your accountant and just ask his opinion. If you don't have an accountant, it's probably a good time to start shopping around. Once you've set up your business. Give me a call at the branch and we'll get your financing in order. Frank 864-609-1600 EDIT: A "privately held corporation" can be an LLC, S-Corp or C-Corp. Which one have you decided on? EDIT2: Ok, After you've filed your articles of incorporation and gotten your EIN number, you'll need to file form 2553 (Subchapter S election) The form can be found here: Then you'll officially be an S-Corp. Don't forget to file this when you pay your taxes at the end of the year:

By: Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software accounts receivable collection factoring finance what is factoring international factoring factoring help invoice financing purchase order financing financial factoring cash flow finance Because this is going to be a complicated business, it will be impossible to give step-by-step instructions here. But, here's some good information. You can register your business at: Your will need a Federal EIN to register your business. You can get an EIN online for free at: ,,id=98350,00.html You're also going to need some face-to-face consulting advice. The Small Business Development Center offers free advice for start-up companies. Call them and set up a meeting. They will also be able to give you info about SBA loans. Your can find the Florida SBDC office at: Florida SBDC Mr. Jerry Cartwright, State Director UNIVERSITY OF WEST FLORIDA 401 East Chase Street, Suite 100 Pensacola, FL 32502-6160 Phone: 850-473-7800 Fax: 850-473-7813 E-Mail: Website: One of the first things the SBDC will ask you to do is to create a business plan. Please take this advice!

By: Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com accounts receivable software accounts receivable collection factoring finance what is factoring international factoring factoring help invoice financing purchase order financing financial factoring cash flow finance , Florida is not nice to businesses, taxes are high,but go to myflorida.com, and good luck