
10 Secrets to Getting More Out of Your Business
Are you struggling to get more out of your business? Maybe you’re not making enough money, or you’re not being able to get the results
As a sole proprietor, you begin a business in your name.
Depending on your location and business name, you may be required to have a business license and file a fictitious business name statement, also known as a “doing business as” or DBA.
The income you receive as a sole proprietor is taxed as an individual (no double taxation like a corporation).
See a CPA/tax consultant for the tax ramifications of starting your business as a sole proprietor.
You may be required to have a business license if the city or locality in which you live requires it.
A DBA is required if you plan on doing business “as someone else.” In other words, John Smith DBA “Achme Hardware.” The main requirement for having a DBA is if you will not have your surname in the title of your business or it is confusing who is the owner. John Smith’s Hardware does not require a DBA. Whereas, Smith & Jones Hardware would require a DBA.
See your local Assessor/Recorder/County Clerk for procedures or consult with a local attorney for help filing a DBA.
NOTICE: The information on this website does not constitute legal advice and you should not rely on any information without seeking the advice of a competent attorney licensed to practice in your jurisdiction. This web site is both a communication and/or solicitation as defined by California Rules of Professional Conduct, rule 1-400. For further information, please click here.
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Think Legal, P.C. represents clients throughout California and the San Diego metropolitan area in issues of business entity formation, business planning, and personal injury. This includes the cities of San Diego, La Jolla, Del Mar, Carmel Valley, Oceanside, Solana Beach, Encinitas, Rancho Sante Fe, San Marcos, Mission Valley, El Cajon, Escondido, La Mesa, Poway, Coronado, Chula Vista, Vista, San Ysidro, Lakeside, Santee, Solana Beach, and National City. Attorney Taylor E. Darcy is responsible for this website.
NOTICE: The information on this website does not constitute legal advice and you should not rely on any information without seeking the advice of a competent attorney licensed to practice in your jurisdiction. This web site is both a communication and/or solicitation as defined by California Rules of Professional Conduct, rule 1-400. For further information, please click here.