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How to Start Your Own Company
 

Starting Your Company

How Do I Start My Company?

Starting your business shouldn’t be intimidating. We have compiled a list of resources to help you get things up and running as quickly as possible!

LLC & Workman’s Comp*

LLC: Go to your state’s website & look up LLC. Follow the directions provided. Each state has different fees. (Price varies by state)**
Most states take approx. 24-48 hours to complete an LLC registration.

*None of these options are sponsored by CJ’s, but recommendations from other LLC co-partners. CJ’s recommends seeking legal advice from a qualified attorney or CPA at your discretion. This is provided only as a recommendation guide, but CJ’s is not supporting, requiring, or-enforcing use of any of these providers.

**You can also use online companies like legal Zoom, Total Legal, Swyftfilings, but these tend to be more expensive. **

Employer Identification Number (EIN)

Go to: www.irs.gov/businesses/small-businesses­self-employed/apply-for-an-employer-identification­number-ein-online

Step 1: Determine Your Eligibility

  • You may apply for an EIN online if your principal business is located in the United States or U.S. Territories.
  • The person applying online must have a valid Taxpayer Identification Number (SSN, ITIN, EIN).
  • You are limited to one EIN per responsible party per day.

Step 2: Understand the Online Application

  • You must complete this application in one session, as you will not be able to save and return at a later time.
  • Your session will expire after 15 minutes of inactivity, and you will need to start over

Step 3: Submit Your Application

  • After all validations are done you will get your EIN immediately upon completion. You can then download, save, and print your EIN confirmation notice.

Workman’s Comp & General Liability Insurance*

As a contractor, you will need to acquire WC & GL insurance. WC Waivers are available in Arkansas & possibly available in Texas. (Please contact Leanna about waivers)

Below are a few resources for obtaining these.*

*None of these options are sponsored by CJ’s, but recommendations from other LLC Co­partners. Cj’s recommends seeking legal advice from a qualified attorney or CPA at your discretion. This is provided only as a recommendation guide, but CJ’s is not supporting, requiring, or enforcing use of any of these providers.

Sample GL Certificate