Business Entity Regulations in California Term Paper

S. small business administration can help with (SBA, 2005). While this is not necessary it can prove useful for legitimizing or legalizing certain aspects of business operations and help businesses with financing and support from investors.

An organization will next have to decide a location for their business and select a business structure, which is not limited to a corporation but may also include a sole proprietorship, limited liability company or partnership (Secretary of State, 2005). The California Chamber of Commerce can help with this by examining the industry, whether financial or otherwise and helping the business determine what permits or expenses will need to be covered to acquire the desired location (Secretary of State, 2005). Next a new business will have to file for tax identification and employer identification numbers and documents, and acquire any licenses or permits necessary to operate within the State of California (Secretary of State, 2005).

Certain resources are available to help businesses determine what if any documents or permits are necessary to conduct business including the department of Consumer Affairs and the California Technology, Trade & Commerce Commission (Secretary of State, 2005). Once all of these procedures are attended to a corporation will have to keep up with annual filings and taxes to reinstate their status each year with the State.,

References

Business Plan Basics.' (2005). U.S. Small Business Administrations. Retrieved November 10, 2005: http://www.sba.gov/starting_business/planning/basic.html

California business and professions code." (2005). Retrieved November 11, 2005:

http://www.leginfo.ca.gov/cgi-bin/calawquery?codesection=bpc&codebody=&hits=20

California Law." (2005). Retrieved November 11, 2005:

http://www.leginfo.ca.gov/calaw.html

Secretary of State California. (2005). "Corporations." Available:

http://www.ss.ca.gov/business/corp/corporate.htm

Business Entity