fast facts on starting a business in guilford county!
DESCRIPTION
This is one of the great classes that I teach for #GTCC. This lively seminar, a prelude to the four week course on starting your own business, provides an overview of the basic requirements of starting and successfully operating a business. Co-sponsored with Greensboro and High Point Public Libraries. These classes are FREE.TRANSCRIPT
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Welcome to Fast Facts on Starting a Business in Guilford County
• Please Silence or Mute Cell Phones
• Please Ask Questions• Please complete
registration forms• Introduce Yourself
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WHERE DO YOU GO?
The BIG organizations in Town
Chamber of CommerceGuilford Merchant’s Association
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GREENSBORO CHAMBER
http://greensboropartnership.org
Site now directs to
Follow on Twitter@GSOChamber
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GREENSBORO ENTREPRENEUR
http://greensboropartnership.org
Site now directs to
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HIGH POINT CHAMBER
Highpointchamber.org
Follow on Twitter@HighPointChambr
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BUSINESS LINK NORTH CAROLINABLNC.org
Follow on Twitter@BL_NC
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PLANNING CHECKLIST
Business To Do’s
1. Create a business plan
2. Decide on your business structure
and register your business name
3. Get license requirements
4. Obtain the necessary tax information
5. Identify sources of financing
6. Learn about employer reporting requirements and
responsibilities
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LOCAL REQUIREMENTS & RESOURCESGet Your Business License
Greensboro
300 W. Washington St
336-373-2501
High Point
211 S. Hamilton St
336-883-3205
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LOCAL REQUIREMENTS & RESOURCESPrivilege License Fees &
Penalties
Depending on type of business, the privilege license tax may
range from a flat rate of $2.50 to a maximum of $2,500 per
year,
per business classification.
• Retail
• Wholesale
• Manufacturing and Service Businesses
Calculated based on Gross Annual Sales
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COUNTY REQUIREMENTS
Business To Do’s
1.Check resources
2.Assumed Name
3.Food Service
4.NC Restaurant & Lodging Follow on Twitter@GuilfordCounty
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ASSUMED NAMES
Resources & Fees
The filer is responsible for researching the name for availability in Guilford County.
To obtain a Certificate of Assumed Name form, visit the Business Link NC website at. The form that you select must be completed in http://www.blnc.gov.
Submit the completed form to the Register of Deeds office for recordation. The recording fee per NCGS 161-10 is $26.00 for the first 15 pages, $4.00 for each additional page thereafter.
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GET AN EIN NUMBER
Employer Identification Number
Call 267-941-1099 Monday through Friday 7:00a.m. to
10:00p.m EST
No need to file a Form SS-4!
We ask you the questions and you give us the answer.
After all validations are done you will get your
EIN immediately upon completion. You can then
download, save, and print your EIN confirmation.
Purpose of an Employer Identification Number
Employer Identification Numbers are issued for the purpose of tax
administration and are not intended for participation in any other
activities.
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ELON LAW CLINIC Small Business &
Entrepreneurial Clinic
1. General legal counseling
2. Choice of entity advising
3. Organizational document drafting and review
4. N.C. Secretary of State compliance
5. Contract review and drafting
6. Employment and H.R. advising
7. Regulatory compliance
8. Financing documentation
9. Dealing with issues of professional responsibility which
arise in the course of solving clients' problems.
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ELON LAW CLINIC Small Business &
Entrepreneurial Clinic
Email: [email protected]: Prof. John Flynn
[email protected] or (336) 279-9265
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https://www.facebook.com/BusinessReadinessCertification
List Classes, Articles, Business Events
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https://www.facebook.com/LadyBiznessInc
List Classes, Articles, Local & Regional Business Events
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GTCC SMALL BUSINESS CENTER
Visit Guilford County Small Business Center athttp://bit.ly/gtccsmallbiz
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GTCC Small Business Center1451 S. Elm Eugene Street Greensboro, NC 27406
To Request Counseling (free counseling)www.ncsbc.net/center.aspx?center=75230
Mark Hagenbuch 336.334.4822 x 62003
DarLinda Finch 336.334.4822 x 62001
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