12 Legal Requirements to Start a Business in California | How to Legally Start a Small Business

Thinking of starting a new small business? Here are the 12 minimum legal requirements you need to address to start a business in California (or in any state in the United States). Yes, there are a few more issues you’ll need to address someday, but in this video I’m sharing the basic legal elements to get your business started asap.
00:00 Intro
00:19 1 - Name Search
01:09 2 - Legal Entity
01:44 3 - Trade Name / DBA
02:18 4 - Federal EIN
03:00 5 - State Tax ID Number
03:30 6 - Business License
03:55 7 - Special Permit/License for Industry
04:22 8 - Zoning Permit
05:03 9 - Sales Tax Number / Permit
05:49 10 - Bookkeeping & Bank Account
06:53 11 - Business Liability Insurance
07:33 12 - Privacy Policy on Website
08:22 There’s more …
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Legal Disclosure: Elizabeth is licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice - please seek advice of counsel. This video and description may contain attorney advertising.
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#legalrequirements #startabusiness

Пікірлер: 267

  • @ElizabethPW
    @ElizabethPW3 жыл бұрын

    Related Videos: How to Get a Business License kzread.info/dash/bejne/a36j1bKDe8_ReLQ.html&t Website Legal Requirements kzread.info/dash/bejne/fotrzsWydM_Lqqg.html Do You Need a DBA? kzread.info/dash/bejne/oYGF0Ll6fNy4l7w.html How to Legally Work from Home kzread.info/dash/bejne/oI6F2dGFkdCvoJs.html&t

  • @andrewe360

    @andrewe360

    Жыл бұрын

    this isnt europe we dont have taxes or laws

  • @Leti-xx5kg
    @Leti-xx5kg3 жыл бұрын

    Hands down the best video I have seen as far as the legality of working in California goes. Thank you so so much for your help. I’ve seen many different videos and your video is the most direct and open about what you need and order and that there is much more than that and not a simple beginner steps video like most others I’ve seen.

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Glad it was helpful! You're welcome

  • @donlipton6264

    @donlipton6264

    2 жыл бұрын

    Bar none. (In your head).

  • @Healthycellph
    @Healthycellph3 жыл бұрын

    Great organized video. Short, sweet, to the point 🙌🏽

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Glad you liked it!

  • @mercyjalpert4494
    @mercyjalpert4494 Жыл бұрын

    Found this video helpful especially the Privacy Policy on the business website. You are the first person that I've heard that from. Thank you for your 12 tips!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    You're welcome, glad you hear you learned something!

  • @aaronunroe5267
    @aaronunroe52672 жыл бұрын

    Very helpful information, thank you Elizabeth for taking the time to make this video.

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Glad it was helpful!

  • @thaleiaf6208
    @thaleiaf6208 Жыл бұрын

    These videos are amazing and extremely helpful for a newbie! Thank you so much!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Glad you find them helpful!

  • @EJ-fy5ly
    @EJ-fy5ly5 ай бұрын

    Very helpful. Thank you for making the video.

  • @LuisPerez-vr4ks
    @LuisPerez-vr4ks2 жыл бұрын

    Thank you for this! Very easy to follow, bless your heart.

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    You are so welcome!

  • @RickLee-pj1no
    @RickLee-pj1no Жыл бұрын

    Great and Informational Channel! Thank You! Keep up the great work!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Thanks for watching!

  • @Esserem
    @Esserem2 жыл бұрын

    Much appreciated and very insightful, in the birthing throes trying to get this thing rolling and this video is a huge help!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Glad it was helpful!

  • @brigetteuili2391
    @brigetteuili23912 жыл бұрын

    Really helpful info and good explanation of every point!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Glad it was helpful!

  • @farzan000
    @farzan000 Жыл бұрын

    I learned a lot from this video. ThankYou !👌👌👌

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Glad to hear that!

  • @camilarivera8767
    @camilarivera87672 жыл бұрын

    Thank you Elizabeth. I listened with interest.🙂

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Good to hear!

  • @blakem003
    @blakem0033 жыл бұрын

    thanks a ton! just subscribed and will be watching many more of your videos

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Awesome, thank you!

  • @dulcemariatovar9744
    @dulcemariatovar97442 жыл бұрын

    I love this video so much as I am brewing ideas for a new business in San Joaquin County. You said these are the minimum but if you made a 4 hour video with more info I would watch it! I am for sure a bit lost when looking into all of the legal stuff that comes as the foundation of a business!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Glad it was helpful! :)

  • @phly007
    @phly00710 ай бұрын

    Great stuff and thanks for the info

  • @ElizabethPW

    @ElizabethPW

    10 ай бұрын

    Welcome!

  • @RoxyR_LA562
    @RoxyR_LA5627 ай бұрын

    Thank you! Very helpful. I live in California

  • @christinablain2004
    @christinablain200410 ай бұрын

    Thank you for this. It’s so scary opening up a business. I’m still confused but I do have a better understanding of what to do.

  • @ElizabethPW

    @ElizabethPW

    10 ай бұрын

    Great to hear, best of luck with it!

  • @toddd.8496
    @toddd.849611 күн бұрын

    Thank you!

  • @Anthony-wp1by
    @Anthony-wp1by Жыл бұрын

    I just stumbled upon your informative video Elizabeth. Liked & subscribed.

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Great, thanks!

  • @jonencarnacion4763
    @jonencarnacion47633 жыл бұрын

    Very helpful! Thank you

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Glad it was helpful, you're welcome!

  • @princeadam5705
    @princeadam57052 жыл бұрын

    Thank you very much Grant Job .

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    You're very welcome

  • @LMacias760
    @LMacias7602 жыл бұрын

    Thank you for you video!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Welcome!

  • @steveschauer2001
    @steveschauer20012 жыл бұрын

    Great Video!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Thanks!

  • @honeylove3256
    @honeylove3256 Жыл бұрын

    GREAT VIDEO!!! Thanks a million 🤗. New subscriber

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Thanks for the sub!

  • @JeremyTani
    @JeremyTani3 жыл бұрын

    Hi, thank you so much for this video-- it's SO helpful! In one of your responses to a previous comment, you mentioned that waiting to form an LLC until it's profitable might be a strategy. I jumped the gun and formed my LLC already... do I have to complete the rest of the steps in this video? So far, I registered my LLC, and received my EIN. Can I stop where I'm at now to see if it's (profitability-wise) worth pursuing, or am I now in the system and have to complete all of these steps?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    If you just formed the LLC in California and you haven't started business yet, you can dissolve it using the short form cancellation bpd.cdn.sos.ca.gov/llc/forms/llc-3--4-7.pdf and if it has been *less than 15 days*, you are except from the $800/year franchise fee (www.ftb.ca.gov/file/business/types/limited-liability-company/index.html). If it has been longer and/or you've already made sales under the LLC, might as well keep using it since you already owe the $800/year franchise fee.

  • @vivitemal5593
    @vivitemal55932 жыл бұрын

    You are so incredibly helpful! Can I ask if you have recommendations on which type of business to file under? LLC vs Co? Thank you!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Here's a video where I talk about that: kzread.info/dash/bejne/f2ampo-whcaposY.html

  • @monkey3397
    @monkey33973 жыл бұрын

    Thank you so much !! You put everything in one video! I’m going to make a list then go look at everything you mentioned for my city ☺️. I’m opening a Crystal store online but some ppl say I should wait to see if I even make sales to get an LLC or sole proprietorship ? What are your thoughts ?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    You're welcome! A sole proprietorship is what you have automatically. It can be a good strategy to start out with a SP to see if your business idea works, and then form the LLC once you are making some money.

  • @MMMilanooo

    @MMMilanooo

    8 ай бұрын

    I’m trying to open a wood craft business but sells solely online. Is there a certain amount of money we should make before forming an LLC?

  • @dauraktv
    @dauraktv2 жыл бұрын

    Very helpful! I do wish this was like 10hrs long and went into fine detail with everything you mentioned 😅

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Welcome! I do plan to release some “course” length videos soon (well maybe not 10 hours) 😀

  • @creativestudio5504
    @creativestudio55042 жыл бұрын

    Thank you so much for this video!! Super helpful. I just subscribed to your channel! I have a question and I am not sure if it’s related to here. In mainly worried about retirement. When you open a sole prop and pay for taxes does it include SSS retirement too? I’m thinking of doing this full time and quitting my job but I’m worried about retirement.

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    That's a great question! When you file your taxes as a sole prop, it will include "self employment tax" which is social security and medicare taxes. So you are still putting into the social security retirement fund. You can also put money in a regular/Roth IRA, a SEP IRA, or even an individual 401(k). The limits are different - like for an individual 401(k), assuming you have no employees, you can put in both the employee portion ($19.5K) *plus* the employer portion (up to 25% of compensation / $58K) (the numbers change each year). So there are a lot of options!

  • @PUDGY209FP
    @PUDGY209FP11 ай бұрын

    Great info!!! Question for you what if you’re buying a pre exciting business like a restaurant. Do the license’s and permits stay with the restaurant, or do you need to get new licenses and permits if your not changing anything?

  • @ElizabethPW

    @ElizabethPW

    11 ай бұрын

    So first it depends if you are buying the legal entity (like the LLC or corporation) - if yes then stuff transfers to a certain extent but will need to be amended to reflect the new owner. But if you’re just buying the business assets (or it was a sole proprietor or partnership) then you’d probably need new stuff - but check with each one bc sometimes there is a special provision for an ongoing business.

  • @jenniferrodriguez7123
    @jenniferrodriguez71232 жыл бұрын

    Thank you so much! This video was really helpful! I have a question about Zoning if you see this, if I’m running an online business for accessories with no employees, just me, and no physical store front, would I still need a zoning permit for my home?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Depends on the city. Many places have a "home occupation" permit just for this purpose. In other places, as long as no employees, no people coming to your house, etc. then no permit needed.

  • @chrissybetts9434
    @chrissybetts94342 жыл бұрын

    Great vid

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Thanks!

  • @danishar007
    @danishar0079 ай бұрын

    Hi , Thanks Great video. Are the steps the same if not starting online business ?

  • @ElizabethPW

    @ElizabethPW

    9 ай бұрын

    For the most part, except obviously you don't need the website stuff

  • @kev-othegamer
    @kev-othegamer Жыл бұрын

    Thank you.

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Welcome!!

  • @andrestoolbox8482
    @andrestoolbox84822 жыл бұрын

    Love this gal 🤣🤣🤣🤣😘❤ thank you

  • @user-jv4dh5yp4d
    @user-jv4dh5yp4d Жыл бұрын

    Hello, this is great information. I am going to watch the DBA video that you have, but wondering if I should start a new business or create a DBA if we have an online retail business?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Well it depends on what your current business is and whether you are comfortable with each of them being liable for the other

  • @sharoncunningham3572
    @sharoncunningham3572 Жыл бұрын

    I'm planning on selling wax melts in California, firstly through Esty . just to confirm i will be needing all the 12 requirements as stated in your video ? many thanks

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    If you are *only* selling via Etsy, they are a marketplace facilitator so they will handle the sales tax (so you don't need a seller's permit unless you need it to buy wholesale or because you are selling outside of Etsy). Whether you need a business license or permits depends on your county / city / town -- go to their websites and see what they require.

  • @jonunya3128
    @jonunya31282 жыл бұрын

    Thank you for the video. In your personal opinion, is it a good idea if I use my Wix provided Private Policy and Terms/Conditions templates? Then, have an attorney review it before posting it on my website? I am an emerging California artist/painter and my aim is to do it correctly and to save some money at the same time. Thanks for any help

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    I haven't looked at their policies/terms but company-provided terms like that are usually a good place to start. Read them through and make sure that their policies/terms are actually what you are doing. Especially look for stuff like if you have recurring charges or non-refundable payments, or other special terms you might need.

  • @dianagee1287
    @dianagee1287 Жыл бұрын

    Hi, thank you so much for this information. How do I know if I need a State Tax ID Number? Is there a website that will list the type of business that need in in CA? Another question I have, when can I get a business bank account? Right after I submit the LLC application or do I have to wait until it's processed?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    If you need to pay sales tax (usually for selling products) then you need a seller's permit number. If you are going to have employees, then you need to register as an employer. Otherwise, you use your EIN for state stuff. The LLC need to be approved before you get a business bank account, because the bank will need to form that's stamped as filed.

  • @re-vs1ch
    @re-vs1ch3 жыл бұрын

    Thank you

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Welcome!

  • @pankitajerome2729
    @pankitajerome27295 ай бұрын

    Ma’am, thank you for the comprehensive information. Do I have to live in California physically? Are these valid if I am in NY state?

  • @ElizabethPW

    @ElizabethPW

    5 ай бұрын

    These are for California, but it is a good checklist for most other states. Just won't be the exact same of course

  • @eileenhayman9117
    @eileenhayman91173 күн бұрын

    Hi! All your videos have been so helpful! I am currently starting a clothing company to sell on Shopify. I have filed trademark and LLC to protect my assets before selling, but am still researching/navigating other licenses required before selling. I was hoping you could guide me in right direction on some of these questions I still have: 1. I will be launching much later this year November maybe and expect to do minimal if any business.. do I need the California $800 business license or are there exemption forms I have to fill out since I already created LLC? 2. I am receiving lots of random documents in mail asking for document $$ fees. These have been labeled “state and federal labor law postings”, “Safety Manuel order form”, “California Certificate of Status”, “2024 state & federal all in one labor law poster”. Are these required if I will be the owner and the only employee of my business? Thank you! Any guidance would be greatly appreciated because it is very overwhelming figuring out what is necessary/not for an individual starting off with no background in business!

  • @Dennis-highlights
    @Dennis-highlights3 жыл бұрын

    If I want to start a small online business on my own. Is it more popular in general to get LLC or Sole proprietorship? I heard that LLC protects you from Liability but it comes with more paperwork. Just curious which one is generally more popular.

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Sole proprietorships are the most popular - according to the IRS, 73% of businesses are formed that way. With my clients, many of them start out that way because it is less expensive and simple, and then up-level to an LLC when they are making more money. It can make sense to start out as an LLC in particular kinds of businesses, like if you have employees.

  • @reinagalvan3724
    @reinagalvan3724 Жыл бұрын

    Elizabeth, First I would like to thank you for your information. I want to start a business here in CA I’m new to this field and to the Country as well . I want to do everything right so I’m covered in anyway shape or form. What type of attorney do I need to get everything done for me ?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Look for a business attorney. On their website it should state that they help people incorporate their business.

  • @AdrianaHernandez-rc6bw
    @AdrianaHernandez-rc6bw9 ай бұрын

    Hi Elizabeth. Would you consider making a video about how to get into law school? I am considering applying to law school. Also, would you share your thoughts about going to law school after 50? Thank you! I enjoy your videos very much!

  • @thefandomartdoll4443
    @thefandomartdoll44432 жыл бұрын

    Hello! Do these all apply to selling baked goods at farmers market as well? Or is it less or more.

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Overall yes (obviously website stuff doesn't apply if you don't have a website). You also need to figure out if you need any special permits because you are making and selling food (probably a "cottage food" operation), and you need to comply with food safety laws.

  • @aliciaar11
    @aliciaar112 жыл бұрын

    I searched the USPTO and there's no match for my business name. Great, but do I also need to set up a DBA or just the trademark is good enough? Thanks!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    You only need to do a DBA if the business name is different than the legal name (like if you are sole prop, if the business name doesn't include your legal name).

  • @bonjourAshlyn
    @bonjourAshlyn Жыл бұрын

    I'm not currently in the economic position to have a lawyer draw up a custom policy for me, do you think termsfeed is enough to cover the basics? Also since my products and services are only available to us customers do I have to include gdpr in my privacy policy just incase some one happens to visit my website that's located in the eu? Thanks so much!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    I'd recommend termageddon.com as a good solution for privacy policy and terms. If you collect any info from people in the EU (even email newsletter or cookies) then you need to cover that

  • @jwd0808
    @jwd080811 ай бұрын

    Great information. I recently bought an existing business. It's currently a retail, non-food, brick and mortar business with 1 employee. I have the EIN, and Seller's permit. I just need to know what other licenses I need. I'll eventually have an e-commerce site as well. Any help or suggestions is most appreciated.

  • @ElizabethPW

    @ElizabethPW

    11 ай бұрын

    Look at your local city/town/county to see if they have a general business license that is required. And if they have any license or permits for your particular type of business. Usually you can find on their website (or you can go down there in person)

  • @charleswheat3251
    @charleswheat32512 жыл бұрын

    This is kind of off-topic but I was wondering if you’re allowed to write some of your moving expenses off on your taxes if you move from California to Texas for your job?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Not for most people anymore, but there are a few exceptions. Here’s an IRS calculator that lets you know: www.irs.gov/help/ita/can-i-deduct-my-moving-expenses

  • @ambrag2cute358
    @ambrag2cute3584 күн бұрын

    Have you done this for other states as well? ❤ where can we find this info per state? Can you do one for Michigan?

  • @franceslee9954
    @franceslee99543 жыл бұрын

    Hi, great video! I'm still a minor so would all of this have to be filed under my parents? I'm turning 18 later this year so I was hoping to wait until then, but would it be advisable to get all of this now? And if I were to file these items under my parents, would there be an easy transition to refile them under me?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Thanks! As someone under age 18, you can't sign contracts that are legally binding on you, so generally someone else (a parent or other adult) has to co-sign for bank accounts and such. It depends upon your exact location for other documents - in some places they specifically require someone over age 18 to fill out forms (such as a business license), but in others they don't have a specific rule. When you switch it over, you'd need to either amend or re-do the paperwork to take your parent's name off. Whether it makes sense to just wait depends upon how long until your birthday and how much of your business will be up-and-running by then (if it will be close, I'd just wait).

  • @dianagee1287
    @dianagee1287 Жыл бұрын

    Hi, can you please tell me the government website to do a trademark search? Thank you!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    tmsearch.uspto.gov/bin/gate.exe?f=login&p_lang=english&p_d=trmk

  • @chadself924
    @chadself9242 жыл бұрын

    I'm Cali based. I just started an online crafting shop and I have received my sellers permit. Is a sellers permit the same as a business license?? And should I need the tax forms and EIN?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Sellers permit and business license are different. Business license is usually from your city/town. If you are a sole prop then you can use your personal social security number, but since getting an EIN is free, it is a good idea.

  • @Osthimer05
    @Osthimer05 Жыл бұрын

    If I have an LLC and want to go into business with a family member, could I use my LLC to form a dba A’s partnership or keep the dba as an LLC?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Hm so you could have your LLC and your family member enter into a partnership agreement, and then that legal business partnership gets a DBA. If you have the LLC get the DBA directly, then the LLC owns the business, and either you family member then would also co-own the LLC (which you may not want) or the family member is not an owner at all (probably not what they want).

  • @annalawryniuk3944
    @annalawryniuk39442 жыл бұрын

    i had an LLC i never conducted business with so i dissolved it. but I do plan to start a sole prop. do i need a new EIN or do i have to do something with my EIN from my LLC first?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Yes your sole prop needs its own EIN. Many people don't close their IRS EIN account if the business never made any money, but there is a process (from the IRS website): "To cancel your EIN and close your IRS business account, you need to send us a letter that includes: -The complete legal name of the business -The business EIN -The business address -The reason you wish to close the account If you kept the notice, we sent you when we assigned your EIN, you should enclose a copy of it with your EIN cancellation letter. Send both documents to us at: Internal Revenue Service Cincinnati, OH 45999"

  • @juanm1859
    @juanm18592 ай бұрын

    Thank you for all this useful information. I am about to file an LLC in California, I did a Trademark Search of the word that I want to use for my new company, the word was trade marked, and all the results shows the status: Dead and Cancelled. Can I still use this word? Do I need to file a Trademark if I want to use the world along with Engineering after the word? Thank you in advance.

  • @ElizabethPW

    @ElizabethPW

    Ай бұрын

    Ah so dead/cancelled means it does not exist. But check to make sure the busienss itself is also gone before you use the word

  • @sanjaynathjha1
    @sanjaynathjha12 жыл бұрын

    Hi Elizabeth, We have a Event Planning LLC. in Tracy CA. Do we need state Tax id in addition to EIN#?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    California does not have a state income tax ID for LLCs. If you are selling products (probably not as an event planner) you need a seller's permit / sales tax account. If you have employees, you need to create an account with EDD.

  • @LiveInPower
    @LiveInPower11 ай бұрын

    Thanks for the video. Where can I find additional info regarding the Privacy Policy and other requirements for a website?

  • @ElizabethPW

    @ElizabethPW

    11 ай бұрын

    You might try termageddon.com/blog/ to get tons of info about privacy policies

  • @LiveInPower

    @LiveInPower

    11 ай бұрын

    @@ElizabethPW Will do. Thank you!

  • @onecargrg7756
    @onecargrg7756 Жыл бұрын

    Thank you for all the info. I’m starting a business as an Interior Designer with two jobs under my belt. I’m pretty sure I’m moving to DC next year, so I’m hesitant to start an LLC in California. I thought an FBN would be my best path to get my business legally underway with everything in place. Am i wrong about this? Thanks again for your time.

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Hm yes I agree that if you are moving soon, it may make the most sense to start out as a sole proprietorship with a FBN. Then when you move to DC you can form your LLC over there.

  • @robertmichaels1854

    @robertmichaels1854

    Жыл бұрын

    @@ElizabethPW thank you so much.

  • @griseldaguerrero7199
    @griseldaguerrero7199 Жыл бұрын

    Hello, I live in San Bernardino county and my city and county they ask for so many requirements. I want to simply sell my candle and soaps online on Etsy and Amazon. I already filed as DBA individual sole proprietor in my county, paid to get my business published to the newspaper for 4 weeks. I have a question. A month a go i asked abkut zoning at my city hall and the lady wasn't sure and it makes me nervous they might deny it because I live in a mobile home. Anyways, I'm debating to either use my SSN or to get a EIN even if i won't have employees. If we want to accomulate money for our retirement, can we do that with EIN or do we have to open IRA account?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    If you want to save money for retirement and have it be tax-advantaged, you'd want to use an IRS (a Roth IRA is great if you are eligible) or another retirement program like a Solo 401k.

  • @juan_81614
    @juan_816142 жыл бұрын

    Is filling out Zone Clearance Form necessary if you plan to rent a spot from a coworking space

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Hm it depends on the city/town and how the co-working place works. For many co-working places, you are just signing up for a membership (not a lease) -- where you may need your own permits is if you are signing a lease for space, which sometimes co-working spaces do if you want dedicated office space. Also in some city/towns the zoning is part of getting a business license / tax certificate (and you'd need a business license / tax cert) so you'd need to do that either way.

  • @jonflanny
    @jonflanny4 ай бұрын

    Thanks for the info. I have a question about a business online that is not selling or manufacturing or providing any service. A record label that is only collecting royalties for the label and for the artists

  • @ElizabethPW

    @ElizabethPW

    4 ай бұрын

    Not sure of the question?

  • @jonflanny

    @jonflanny

    4 ай бұрын

    ​@@ElizabethPW does it need to be registered as a business or can it just stay as a DBA?

  • @jules-si8vu
    @jules-si8vu3 жыл бұрын

    Hi! I have a question: if I have a ecommerce filed in California (LLC) then do I have to file for a foreign LLC in every other state because I ship to all of them? Thanks!

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    You only need to register as a foreign LLC in a state if you have "nexus" in that state. If you have employees/sales reps or a warehouse (or another physical aspect), that's usually nexus. Sales in "interstate commerce" (from your state to another state) is usually not nexus. Note: this is different than sales tax nexus, where a certain amount of sales can trigger sales tax requirements.

  • @jules-si8vu

    @jules-si8vu

    3 жыл бұрын

    @@ElizabethPW Thank you soooo much I've been looking everywhere for an answer and never found it. This helped so much!!

  • @daveinhumphrey2107
    @daveinhumphrey21073 жыл бұрын

    Hello. Great video! I am a Nurse Practitioner wanting to start a House Calls/Telehealth practice in California (Bay Area). I filed for an LLC over 2yrs ago, but have never done anything with it besides paying to keep it registered and starting a bank account. Now, that I am really serious about the practice....I don't know if I can start this type of business as an LLC? Do I need a PLLC, S-corp, etc???

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    That's a great question! If you are practicing as an NP in California and you want to form a business entity, it needs to be a professional corporation (in CA we don't yet have professional LLCs). Usually people form a professional corporation that's taxed as an S-corp. My understanding is that you have to include "nursing" or "registered nursing" in the corporation name.

  • @daveinhumphrey2107

    @daveinhumphrey2107

    3 жыл бұрын

    @@ElizabethPW Thanks so much.

  • @annac4160
    @annac41602 жыл бұрын

    Do I need to register my fictitious business name before creating an LLC? Or can I create my LLC before registering the name?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    If you want the LLC to "own" the fictitious business name, then the LLC needs to be formed first

  • @pandafashionme
    @pandafashionme Жыл бұрын

    Hello Elizabeth, amazing video. Quick question, how can I get receive/get a Sales Tax ID, if I have no employees, after providing all the information concerning my new business, I'm prompted with "Your business is not subject at this time. If you hire employees, you will need to register after paying $100 in wages in a calendar quarter." Thank you in advance!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    You need a "seller's permit" to handle sales taxes (it is not about employees) -- get that here: www.cdtfa.ca.gov/services/#Register-Renewals

  • @pandafashionme

    @pandafashionme

    Жыл бұрын

    @@ElizabethPW Thank you so much for taking the time to answer my question 🙂🙃

  • @naomienaomie_86
    @naomienaomie_863 жыл бұрын

    Whats your recommendation on using a home address for a home online business as a sole proprietor? Is it safe? Would virtual address be legal?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Hi Naomie - I'm making a video on that question to post soon! The short answer is that if you use your home address for your home online business, it may be listed in some databases that are public (especially if you use it to file a DBA). Having a virtual address is great for many uses (on your website/emails, mail, sometimes for filings). Occasionally when you fill out a government form, they want both your physical address and a virtual. I have clients who use their home address, and others who do not because of privacy issues.

  • @naomienaomie_86

    @naomienaomie_86

    3 жыл бұрын

    Thank you so much for your response, Elizabeth! Will be waiting for your next video regarding this.

  • @AlexBallesteros
    @AlexBallesteros7 күн бұрын

    great video and very informative. I do have one question and I hope you are still monitoring this channel, I am mentoring a 16 year old and she is interested in starting a business what are some resource I can read or use to help me understand how someone at this age can be part of all the process and documentation. Help LOL

  • @rokusrell5359
    @rokusrell53592 жыл бұрын

    I live in Whittier CA, do I need a city license or can I just get an LA County license so I can be a mobile mechanic and service all cities within LA county?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Generally you need a business license from the most local government that applies to you. So a county business license is only for people who are in an unincorporated (non-city/town) area. The biggest thing a mobile mechanic business needs is the license from www.bar.ca.gov/

  • @aathirarajeev1282
    @aathirarajeev128210 ай бұрын

    If I’m starting a business relating to social media and entertainment, are there any special permits I would need? Considering it’s a business only working in the digital space.

  • @ElizabethPW

    @ElizabethPW

    10 ай бұрын

    Well it depends on what you are doing exactly, like there is a talent agency license www.dir.ca.gov/dlse/Talent%20Agency_License_and_Fee-Related_Talent_Services.htm

  • @yuurie4652
    @yuurie4652 Жыл бұрын

    Is there a specific order in which these should be done?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Generally the order of the video is the order to look at those items

  • @kristaolson6832
    @kristaolson68322 жыл бұрын

    Thanks!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Welcome, and thank you! :)

  • @kristaolson6832

    @kristaolson6832

    2 жыл бұрын

    @@ElizabethPW I appreciate your videos and this on especially bc I used it to incorporate our business! Is there a way that I can reach out to you if I have a question?

  • @kristaolson6832

    @kristaolson6832

    2 жыл бұрын

    @@ElizabethPW do you have a video on what to do when you’ve told the irs that your S-Corp will start transacting business in Q2 but things get delayed and you want to start Q4 instead? Also, what if you’ve filed two DBA’s for your SCorp but one of those DBA’s is no longer transacting business so it won’t transfer to that S-Corp, is there a form needed to be filed with the state or IRS?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Ah so really the IRS cares more about the entire year so Q4 should be okay - it all goes on the same annual tax form. If you stop using a DBA the most you'd need to do is officially "abandon" the DBA with the county/state where you filed it - but it will automatically abandon when you don't pay renewal fees, so some people just do that.

  • @kristaolson6832

    @kristaolson6832

    2 жыл бұрын

    @@ElizabethPW 🤗 phew! I was on track then, thank you! I figured as much but didn’t want to assume. 🤗

  • @marilougarcia7931
    @marilougarcia79313 жыл бұрын

    I’m interested in opening a meat or butcher market? Can you direct the right way to accomplish the required documents, thanks

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    I recommend you go on the website of your town (or if unincorporated, your county) and look for info about “opening a business” and permits - calling them (or going in person) is even better.

  • @km8111
    @km81112 жыл бұрын

    Follow up Q: I set up our sole prop. few years ago and already have many of these (e.g EIN, separate banking, bus lic). I want to convert to LLC or S Corp now. Can we continue using the same EIN, etc., or will these have to be re-done?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    If you convert, you get a new EIN for the LLC/Corp and you'll need to set up a new bank account etc. It is like your new LLC/Corp is buying the current sole prop business.

  • @savvyfreelancer4553

    @savvyfreelancer4553

    Жыл бұрын

    @@ElizabethPW Can you also keep your old EIN and bank accounts active just in case, in the future, you want to conduct business outside of your new entity as a sole proprietor?

  • @josevalladares9745
    @josevalladares9745 Жыл бұрын

    Hello Ms. Weinstein, I'm expanding my existing business and need to set up a S-Corporation in California, what would be your recommendation for not only a Corporation, Worker's Comp and Medical Insurance?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    I'm not sure of your questions exactly, but for medical insurance a small business should check out www.coveredca.com/forsmallbusiness/ and for worker's compensation I'd get that from the rest of your business insurance, you can look at www.thehartford.com/workers-compensation/california or www.nextinsurance.com/workers-compensation-insurance/ to get quotes.

  • @tomriddle8699
    @tomriddle86999 ай бұрын

    Would I need a business license for shopify account if I'm just starting out? Let's say by the end year I'm not making profits or make little and I decide to call it quits on my business. Im in orange county

  • @ElizabethPW

    @ElizabethPW

    9 ай бұрын

    You get a business license from your town/city. Sometimes they require it before you start, sometimes it is like 30 or 45 days from when you start, sometimes there is a special rule if you make under a certain amount of money where it is waived. Go on their website or even call them

  • @XqztLde85
    @XqztLde85 Жыл бұрын

    Hi, I'm interested in opening a lemonade stand and selling at the farmer's market and pop-up events. When I apply for the business license, will I need a home occupation permit as well if I prepare the drinks at home?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    That’s probably a “cottage food” operation - here’s a guide to get you started: calosba.ca.gov/wp-content/uploads/BQSG_COTTAGE-FOOD-OPERATIONS.pdf

  • @XqztLde85

    @XqztLde85

    Жыл бұрын

    @@ElizabethPW Thank you

  • @TE5LA-GAMING
    @TE5LA-GAMING Жыл бұрын

    California has the most insane laws for operating a business. I owned a car stereo business there for 15 years and was forced to buy a license each year for something we had absolutely no involvement with. We sold and installed car stereos but had to (in addition to a sales and installation license) had to pay for a "Small Appliance Repair" license. We did not deal with any small appliances and did no repairs of any kind.

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Yes it can be burdensome, all the various stuff required

  • @waterheaterservices

    @waterheaterservices

    Жыл бұрын

    Glorious revolutionary humanist socialist people's paradise California

  • @miscellaneous727
    @miscellaneous7272 жыл бұрын

    Hi, I have some doubts on doing an online business.I would like to sell acrylic paintings online.Do we require both business license and sellers permit to sell paintings?And would also like to know the other legal requirements for selling the paintings online.I am on H4 visa and do have EAD.Kindly help.

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    If your city/town/county in CA requires a business license, yes you'd need it to sell paintings. Yes you'd need to get a sellers permit to sell painting generally because they are a product, unless you only sell them on a marketplace facilitator site like etsy.

  • @hulaunderwood7934
    @hulaunderwood79342 жыл бұрын

    Opening a online pleasure store. Would a S-corp or LLC be better?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    For many businesses, a great option is to form an LLC that's taxed as an S-Corp. But it is less about the industry and more about other factors (such as business income, personal taxes, etc).

  • @kolotiletongamoa9654
    @kolotiletongamoa9654 Жыл бұрын

    Do you have any videos re: sales tax? I am curious if or should I add tax to transaction when customers make a purchase? I have a juicing business & I use square. Any thoughts?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    In CA it depends on exactly what you are selling, and how. Like food sold for consumption at the place of business is different than food sold to go. Here's a PDF guide about it: www.cdtfa.ca.gov/formspubs/pub22.pdf

  • @kolotiletongamoa9654

    @kolotiletongamoa9654

    Жыл бұрын

    Thank You! Does each city have its on tax amount or %?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Yes each city and I think county also has its own tax amount

  • @ivett.e
    @ivett.e3 жыл бұрын

    Do I need business licenses, sales permits if I decide to open a "shop" on Etsy or eBay? I'm debating which way to go for my home base sunglasses business. Shopify or through an "established" company 😐 Btw I'm in SCal in San Bernardino County if that matters lol

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Generally, even if your business/store is on Etsy, eBay, Amazon, Shopify, etc. - you still have a business and need a business license etc.

  • @ivett.e

    @ivett.e

    3 жыл бұрын

    @@ElizabethPW Thank you for your reply! 🙂

  • @onokaya
    @onokaya Жыл бұрын

    If I have an EIN that I got for a business in another state do I need a separate one for California?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    The EIN is federal so you can use it in any state. You may need to register in CA for other reasons, but it would not be an EIN

  • @laurah.792
    @laurah.7922 жыл бұрын

    Hello, I’m hoping to start my own at home esthetician business. In order for me to have a business in my home is there any advice you would give to me? I’m praying to only have my esthetics business in my home until it gives me enough cash to rent out a room at an actual salon. I just want to be on the safe side of owning a at home business

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Hm the biggest issue for you, with clients in your home, is zoning / permits. Check with your city/town about “home occupation” businesses, to see if there are special rules or a permit required. Their website should have info

  • @everythingerica8310
    @everythingerica83102 жыл бұрын

    Do I need Sales tax for hair extensions I sell online in Oakland California?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Here's a guide for hair salons in California www.cdtfa.ca.gov/industry/barbers-beauty-shops.htm it says that wigs and hairpieces are subject to sales tax (probably hair extensions would be included in that, eh?), but the services you provide as part of hair extensions would not be sales taxable.

  • @andyrobles8211
    @andyrobles8211 Жыл бұрын

    Are fire department permits required anytime you have a business open to the public? And also how do you obtain one?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    In some cities they require fire permits but I've always seen it as part of the general permit application. Of course every city is different. You go to the city about it -- the zoning or planning or business department will let you know what you need

  • @user-cw9xd2je2q
    @user-cw9xd2je2q7 ай бұрын

    Three psychiatric nurse mental health practitioners are looking to start up a private practice (with a supervising physician) for medication management and TMS clinic here in CA. Can we do a partnership or have to do a nursing corporation?

  • @ElizabethPW

    @ElizabethPW

    7 ай бұрын

    You should be able to do a partnership

  • @nancyco2322
    @nancyco23222 жыл бұрын

    So if understand this right, if I have no employees I don't need a state tax id? Does that apply to digital product sellers as well? Thanks so much for any help or guidance you can give me and thanks for making these videos, they are a huge help!

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    So if you have no employees, you don't need to the EDD employment setup. Also right if you are only selling digital products that are delivered digitally (not by something like a USB drive) in CA, there's no sales tax under current CA law.

  • @nancyco2322

    @nancyco2322

    2 жыл бұрын

    @@ElizabethPW So if I deliver my digital products/services via dropbox, is that count as delivering digitally, I know you mentioned the cloud in your example? I heard delivering via email somehow counts as physical, is that true?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Cloud service like dropbox where they download it -- that's fine

  • @nancyco2322

    @nancyco2322

    2 жыл бұрын

    @@ElizabethPW thanks so much for your help!😄

  • @brewbanshee1674
    @brewbanshee16743 жыл бұрын

    Do you recommend having these 12 requirements completed prior to finding financing at a bank?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Get the first few done -- forming the legal entity up to the EIN -- before you go to the bank for financing, because they will need that information to process any financing. You will probably need the basic documents for your legal entity (like bylaws or operating agreement) set up too. The other items you can likely do in conjunction with your financing application.

  • @brewbanshee1674

    @brewbanshee1674

    3 жыл бұрын

    @@ElizabethPW Thank you, do you help people like me who want to start a business? and if you do, what do you charge or where can I find your information?

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Yes go to my website elizabethpw.com to check out the packages and options

  • @robinsonjeanlouis2460
    @robinsonjeanlouis24603 жыл бұрын

    How can i get an address for my business to open a checking account? Just need the address to receive mails

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    Here's a video I did about the business address options: kzread.info/dash/bejne/h42d2puFnpjQe8Y.html

  • @wertiaaudit5746
    @wertiaaudit57463 жыл бұрын

    👍

  • @czarinah854
    @czarinah854 Жыл бұрын

    Can i get EIN and resale permit with ITIN? thank you for the information!

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Yes you should be able to get an EIN online with the ITIN: www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online the resale permit depends on the state -- you may need additional information like drivers license / state id number.

  • @czarinah854

    @czarinah854

    Жыл бұрын

    @@ElizabethPW thank you for that information! Would I need EIN for starting and Ecommerce business like amazon fba? Or ITIN is enough

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Hm I’d get the EIN - you might be able to use the itin but an EIN is free, so you’re covered for sure

  • @rsummers887
    @rsummers8872 жыл бұрын

    Do you need a business degree or certificate from an institution/college?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Nope! Anyone can start a business. The only time you need qualifications is if the *type* of business needs it, like acupuncture or legal work.

  • @anthonynava9916
    @anthonynava99165 күн бұрын

    Hello, I love your videos, how much does all this cost roughly to start a pool cleaning company in Los Angeles? Do you do these services?

  • @michelle2484
    @michelle2484 Жыл бұрын

    Hello I was wondering if you know where I can get my certification as a Woman owned small business in california. I've searched on Google it gave me a ton of 3rd party sites. And this has been stressful. Maybe you can help?

  • @ElizabethPW

    @ElizabethPW

    Жыл бұрын

    Hm it seems like for California they have small business cert & minority vet cert, but not women. caleprocure.ca.gov/pages/sbdvbe-index.aspx But the federal govt has women cert - www.sba.gov/federal-contracting/contracting-assistance-programs/women-owned-small-business-federal-contracting-program

  • @michelle2484

    @michelle2484

    Жыл бұрын

    @@ElizabethPW ok. Thank you. I'll take a look at the websites.

  • @billie2896
    @billie28963 жыл бұрын

    Opening a photography studio to rent out hourly and to also take photos in as a photographer, what will I need? how do i file taxes

  • @ElizabethPW

    @ElizabethPW

    3 жыл бұрын

    If you are a sole proprietorship, your taxes are part of your personal tax return. For a studio/photographer, you'd likely need what I discussed in the video, including what is needed for any in person business (permits, insurance).

  • @alvinmarquis3030
    @alvinmarquis30302 жыл бұрын

    What if I am living in California temporarily (because of military) but a resident of a different state...? Do I still need to take these steps to start an online shopify store in California?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    It is based on where the business is located, not really where the owner is a legal resident. Some of the requirements would apply anywhere, though. For my clients who move a lot, sometimes that's why we set up an LLC so the business is located in a particular state (versus a sole proprietorship, which is located where you are).

  • @alvinmarquis3030

    @alvinmarquis3030

    2 жыл бұрын

    @@ElizabethPW okay so if I set up an llc in Virginia where I'm a resident I don't have to worry about setting anything up for California?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    Depends on what you are doing in CA. Like if it’s just you being owner, that’s not “nexus” with CA. But if you have a warehouse in CA, that’s “nexus” to need to register in CA.

  • @alvinmarquis3030

    @alvinmarquis3030

    2 жыл бұрын

    @@ElizabethPW okay thank you

  • @omarfarid2914
    @omarfarid29142 жыл бұрын

    Hi, what if i want to start something like a rabbitry, selling rabbits as pets? Same rules apply?

  • @ElizabethPW

    @ElizabethPW

    2 жыл бұрын

    I suspect one big issue for a rabbitry will be about permits and zoning - obviously that business would not be allowed everywhere. Also it depends upon the purpose (meat or selling as pets etc.) - you'd need to do whatever license is required for that aspect of the business, too.