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Starting a(n) Floral Design Business Licenses & Tax IDs |
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Hi, I'm Wholesale License Business Flowers
Floral Design
want to purchase flowers wholesale
. sell
flower arrangements to private parties .Event flowers. Decorating help.
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Hello! I am looking for information on how to obtain a florist license in looking at the requirements to be a florist small business (selling arrangements)
Answer: Hi Kamee , we can help you Get A DBA For Sole Proprietorship here on our site. It is both exciting and frustrating when starting a Florist retail sales business because there is uncertainty about the correct licensing, which is the following: Florist sales by nature, are subject to retail sales tax so you also need a seller's permit, which is the same as a wholesale license.
Because you are using a fictitious business name, namely, " Floret Beginnings," so you need to file a dba, form an LLC
, or set up a corporation so the name can be registered. Because you use both an LLC
and a " corp," suffix, you may want to select one and register as an LLC
or Corporation.
Since you say that you have 1 employee, you need both a federal EIN and a State EIN.
Finally, all businesses are required to get a business license, so you need to get one too.
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You can choose to be a(n) Floral Design :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Travelers Rest Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) Floral Design business doing business under an assumed business name in
Greenville County
i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n)
assumed business name certificate.
E.g. you venture into a(n)
Floral Design
business and you give it a trade name such as "Excellence
Floral Design
& Associates". You will need to register an assumed business name certificate.
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In
SC
you need a resale ID ( AKA seller's permit) if you selling touchable items.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states).
Seller's Permit
Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID.
However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a
business tax ID number. However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting
a federal tax ID number.
Also keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number.
I.e., a SC Federal Tax Id Number ($29) and a(n) SC State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Travelers Rest, Incorporate in SC or form a(n) SC LLC .
Filing a DBA is not required if you will set up an LLC or form a Corporation.
If you will do business under your first and last legal name you will not need to get a fictitious business name.
Using any language that connotes additional owners in the name of the business makes filing a fictitious business name mandatory.
If you do form an Catering llc or incorporate (about $49 plus state fees for most states) your Floral Design business instead of just filing a fictitious business name (dba),
that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Travelers Rest business name.
In lieu of recording a Greenville County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in
SC or form an SC LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
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