Starting Your Own Business

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Buying Franchises and Business Opportunities (A Consumer Guide)

This web site contains information for people planning to start up their own businesses, or purchase a franchise in another business. The web site includes information about scams to sell businesses, marketing scams, rights to trade names, and other consumer issues.

If You Are Self-Employed

Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes from their paycheck, matches that contribution and sends taxes to the Internal Revenue Service (IRS) and reports wages to Social Security. But self-employed people must report their earnings and pay their taxes directly to IRS.

Setting Up an Unincorporated Business

Lawline FAQ: The simplest form of a business is a sole proprietorship. In a sole proprietorship, you dedicate a portion of your money to business use, but do not form a new legal entity. You simply use your money and run your business. No written document is necessary to form a sole proprietorship, but a tax identification number, certain city or county business licenses, and types of insurance, such as worker's compensation insurance, may be required.

10 Steps to Starting a Business

Starting a business can be an exciting venture offering many rewards. However, you must be prepared and you must understand the basics.

The Facts about the Microloan Program for Entrepreneurs

The Microloan Program combines the resources and experience of the U.S. Small Business Administration with those of locally based nonprofit organizations to provide small loans and technical assistance to small businesses. Under the Microloan Program, the SBA makes funds available to qualified nonprofit organizations, which act as intermediary lenders. The intermediaries use these funds to make loans of up to $35,000 to new and existing small businesses. The intermediaries also provide management and technical assistance to help ensure success.

The Law and Your Business

Business law is a huge subject. This section provides guidance for people thinking about starting a business. This web site includes information on: (1) Securing Capital, (2) State-Local Laws That Affect New Businesses, (3) Home-Based Businesses, and (4) Tax Law for Businesses.

Buying Franchises and Business Opportunities (A Consumer Guide)

This web site contains information for people planning to start up their own businesses, or purchase a franchise in another business. The web site includes information about scams to sell businesses, marketing scams, rights to trade names, and other consumer issues.

If You Are Self-Employed

Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes from their paycheck, matches that contribution and sends taxes to the Internal Revenue Service (IRS) and reports wages to Social Security. But self-employed people must report their earnings and pay their taxes directly to IRS.

10 Steps to Starting a Business

Starting a business can be an exciting venture offering many rewards. However, you must be prepared and you must understand the basics.

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