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| Starting a(n) sole proprietor Business Licenses & Tax IDs |
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Hi, I'm Emma Botanical Supplements
Sole Proprietor
I'm botanical and need a License . I'm soon to graduate from school as a herbal practitioner. Furthermore, I want to open my own botanical. If I have a customer that comes to buy botanical stuff, it is an online botanical and aromatherapy store. I Will be Selling herbal substances not for hu..., Emma. |
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| I'm sole proprietor botanical and need a Business license I'm soon to graduate from school as a herbal practitioner. I want to open my own botanical. If I have a customer that comes to buy botanical stuff It is an online botanical and aromatherapy store. I Will be selling herbal substances not for human consumption, like botanical products.
Yes, for a sole proprietor Botanical Supplements, you need a license, a seller's permit and an EIN. Furthermore, you need to register your business name "Supps 4 Me LLC
" with a DBA, LLC
or corporation. It is the right one, and it is called a seller's permit. However, you still need another license called a business license. Finally, since you want your business name to be with an LLC
suffix, you will need to register as an LLC
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| Business Licensing Information. All sole proprietor businesses need a Business License
. If you sell any merchandise, you may want to obtain a resale ID first. Then, all businesses are legally required to get a Business License
. In addition, if you use a trade name to conduct business. Also, keep in mind that if you decide to hire sole proprietor employees, you will need to apply and get an IRS EIN and register for state employment taxes i.e., get a state identification number. Finally, sole proprietor corporate entities are more prestigious, so though you may need to register a DBA Doing Business, as you may want to consider becoming a corporate or limited liability company. |
You can choose to be a(n) Sole Proprietor :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Temecula 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) Sole Proprietor business doing business under an assumed business name in
Riverside County
i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n)
assumed business name certificate.
E.g. you venture into a(n)
Sole Proprietor
business and you give it a trade name such as "Excellence
Sole Proprietor
& Associates". You will need to register an assumed business name certificate.
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In
CA
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.
In addition you will need a federal and a state EIN if you will hire employees.
I.e., a CA Federal Tax Id Number ($29) and a(n) CA State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Temecula, Incorporate in CA or form a(n) CA LLC .
You have a choice to file a DBA or form an LLC or incorporate.
If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.
If you do form an Wholesale Trade llc or incorporate (about $49 plus state fees for most states) your Sole Proprietor business instead of just filing a fictitious business name (dba),
it will help you avoid personal liability from wrongs arising from your business dealings and you will not have to file the Temecula business name.
In lieu of recording a Riverside 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
CA or form an CA LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .
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