How to legally register your hair business. First things first, don't cut corners. When you're starting out, you want to make sure that you dot every "i" and cross every "t." It's the only way to make sure you don't get hit with a bunch of penalties and fees.
In this video, Mikey talks about everything you'll need to legally register your hair business. Some steps vary by state, so it's always a good idea to speak with a lawyer, CPA, or another professional who knows your state and city's specific requirements.
It's better to take on these start-up costs now than get hit over the head with legal fees and penalties down the line for being out of compliance.
Your hair business deserves to get started with the best foot forward. That means the proper registration. Start a checklist:
Do you want to form an LLC? Most hair businesses do.
What about your Tax ID number?
You'll need to keep your money and the business' money separate. Ready to start a bank account?
How are you going to build business credit?
Are you working with a partner? Have you both drafted a legal agreement?
It may sound like you're taking on a lot but learning how to legally register your hair business is easier than you think. Plus, Mikey is here to help you along the way.
The legal side of things may cut into your budget. Working with limited start-up funds once that's taken care of? Here's how you can start a hair business for $100 [ Ссылка ]
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00:00 Intro
00:40 How Mikey has helped create over 1000 brands. How to legally register your hair business
01:18 Consulting with a professional
01:28 Forming and LLC (This varies by state)
02:49 How to get a Tax ID number for your business [ Ссылка ]
03:28 Setting Up A Business Bank Account
03:49 Business Credit Card
04:25 Trademark A Name
-Consult with a lawyer on the right time to trademark your business name or logo
05:38 Getting A Business License
07:33 Drafting A Legal Agreement If You Have A Business Partner
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How To Legally Register Your Hair Business
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How To Legally Register Your Hair Businesshow to legally register a businesslegally register a businesshow to start a businessstart a hair businesshair businesshair business tipsform an LLCtax id numbertax id number for businessbusiness creditbusiness bank accountsetting up a business bank accountsetting up a business basicsgetting a business licensetrademark a name and logostart up fundsbusiness checklistbusiness credit cardsstart-up