Blank page

Starting a(n) Business Licenses & Tax IDs

Hi, I'm c Set Up Llc In Massachusets Shoes Store

my bussiness is a shoe store and also ankle bracelet i will be selling in the united states i will have my own personal website

, c.

Hi, I'm LLC Forming Shoe Business Shoes Store

FAQs - More...

, .

Registering Your Own Small New Store Business

Most stores sell merchandise so the first thing is to get a sellers permit to buy merchandise wholesale and sell it retail.

Aside from that, you then need to select your business structure: Sole Proprietor, Partnership, LLC or Corporation.

The above step is important business all  Store  documents will be filed under the type of business organizational structure.

Of course, you can have a brick and mortar, road side, mobile or online store.  All of these require the same licensing not because of the type of location but because there  are all businesses.

After that, you will need to obtain a business permit.

This is a general business permit that all new businesses must obtain.

More than 31% of the GNP, though, less than $5,000,000.00 is generated through retail sales business.

Though less than 2 million retail businesses, there is about 1.6 ml retail stores not including online retail.   Note that in the majority of the cases you do not need to obtain a business permit that is specifically for your type of business.

You only need a general business permit.  In addition, all businesses must be identified by a business tax ID called a federal tax ID number or Employer Identification Number (EIN).

If you file as a sole proprietor, you can use your social security number instead of the federal ID.

  Then, 99% of all stores require a sellers permit if you sell merchandise wholesale or retail.  The sellers permit is also called state ID, wholesale ID, resale ID, or re-seller license.

If you are an employer, you will need a federal employer Number and a State Employer Number.

If you do business as a name other than your full legal name, for example, you do business as "ABC Discount Store," you will need to file a doing business as (DBA) filing.

Finally, you have the option or incorporating or forming an LLC. Setting up as one of these corporate entities allows you not to file a DBA.  ok thank you did not know that how to obtain them
ok well i want to sell nike and jordan brand shoes i my store but don't have a shoe selling license i can get that here today you say ?
I was trying to sale online merchandise for men and women to include shoes
I will be opening up a store selling nothing but name brand stuff like shoes...shirts..all the above for men and women
yes. I wanted to know what all I needed to do to sale gently used and new childrens clothes and shoes from home and possibility have a spot in someones small store

✔ Biz Structure

You can choose to be a(n) Shoes Store :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

Warren Business Tax Registration ( Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Shoes Store business using a fictitious business name in Macomb 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) fictitious business name. For instance you open a(n) Shoes Store business and you name it "Superior Shoes Store Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In addition note that in MI you may also need a seller's permit if you sell merchandise that is taxable. (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states).
Seller's Permit

✔ Federal EIN

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.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a MI Federal Tax Id Number ($29) and a(n) MI State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in Warren, Incorporate in MI or form a(n) MI LLC .

You have a choice to file a DBA or form an LLC or incorporate. There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade 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.

✔ Incorporation

If you do form an Home Business llc or incorporate (about $49 plus state fees for most states) your Shoes Store 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 Warren business name. Instead of just registering your Macomb County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in MI or form an MI 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). .

Free Seller's Permit