Does the government want to know if you're being paid to cat sit or sell hemp bracelets? It depends on which government you're talking about. The state of Arizona could care less, but the city in which you're conducting business may require licensure. If you engage in activity for profit in Arizona, it's best to check whether or not you should register with your city or local government. Here's how to legitimize your business in Arizona.
If special licensing is necessary, complete requirements and obtain your license before registering your business. This usually involves passing a test by the state Board of Examiners. Some examples of professionals requiring a special license include medical personnel, counselors, social workers, and those who wish to sell regulated products such as alcoholic beverages.
Choose the best structure for your business. Your business structure will affect taxes, finances, ownership and legal liability. Before making your final selection, consider whether or not you need employees, how your options will affect your taxes, and how vulnerable you are to legal liability. Visit the U.S. Small Business Administration web site for an introduction to basic and special structures.
Research your city and local business licensure requirements. The following website links to city and county/town office websites so that you can review the requirements and restrictions of your locale: http://www.azcommerce.com/BusAsst/SmallBiz/SBS/F1/Ff.htm
Consult a licensed, qualified attorney and accountant. They can help you maximize your profit and protect your investment.
评论