The Small Business Corporations Division is an online resource that provides assistance with the legal process of starting a business and opening a business bank account.
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Step 1: Register Business with Secretary of State
Learn how to form a business legally with your local Secretary of State's Corporation Division..
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Step 2: Obtain Employer Identification Number
An employee identification number (EIN) is a nine-digit identifier that the Internal Revenue Service (IRS) assigns to businesses for tax purposes. Think of it as a Social Security number for a business. Learn how to obtain an EIN..
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Step 3: Get a Post Office Box
A Post Office Box is a lockable mailbox that is located in a post office station. For many businesses a PO Box address is important because it allows owners to keep their home address private, and confidential items secure..
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Step 4: Open a Business Bank Account
Learn how and why it's important to open a bank account strictly for your business..
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Step 5: Open Payment Processor Account.
If your business involves online payments or debit/credit card transactions, you will need a merchant account with a payment processor. Learn about opening a payment processor account..
