fbpx

Small Business 101: Starting a Business in California

Filing a claim

As the saying goes, there is no reward without risk. There is always risk when starting a business. A lot of this risk comes from uncontrollable circumstances like an economic downturn. In order to make sure your company is a success and is set up properly, follow the state regulations. This article will focus on those in California.

During the beginning stages, you should be considering your business plan. A few key points in your business plan should be sales, marketing, advertising and insurance! Make sure that you are going through the proper channels to push forward into success. Insurance can be for the overhead in the business itself or employees. Considering your location is essential. Hence, in California, you must consider if your business needs external insurance for fire or earthquakes. You can check into choosing the right insurance for the area here.

Small Business Regulations in California

California got its nickname after the boom of the gold rush and the riches that it brought people. Therefore, California is a very popular state to be an entrepreneur. California is home to some of the largest tech companies in the world. Between the Silicon Valley and Hollywood, there are thousands of successful companies.

One of the best ways to go about starting your company in California is to look at the California Governor’s Office of Business and Economic Development. This site will help you to find the best real estate locations, transportation, as well as economic and demographic data to help make your decision.

Making It Official: Checklist

Step 1: Are you starting a corporation or limited liability company? Limited Liability Companies have taken the market by storm, because they are subject to less taxation and provide more liability coverage.

Step 2: Make sure you choose a creative and unique business name. A unique aspect of the California market is the amount of competition, with over 99.8% of businesses in California being small businesses. Make your brand stand out.

Step 3: Register in the State of California. For an LLC, once you are approved, you must have an organizational meeting to reinstate your functions and goals. This is a preliminary meeting that proves your involvement in the business.

Step 4: Check into the other types of insurance that could be beneficial. Compare quotes on our site to make sure that you get the best deal.

Auto Listings
Motorcycle Listings
Life Listings
Health Listings
Home Listings
Small Business Listings

Leave a Comment





This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECENT POSTS

Average Cost for Teenage Drivers

June 5, 2019

It is stressful to be a teenager and stressful to raise a teenager. And everything changes at age sixteen. Suddenly, teenagers are learning to drive and there are so many…

Read More

Health and Happiness: Activities Good for Body and Soul

May 28, 2019

There are so many factors in day to day life that affect your overall health and wellness. Stressful situations in work and social life can create issues like insomnia and…

Read More

Small Business 101: Starting a Business in California

May 13, 2019

As the saying goes, there is no reward without risk. There is always risk when starting a business. A lot of this risk comes from uncontrollable circumstances like an economic…

Read More

Can You Be Denied Coverage? Pre-Existing Conditions 101

May 6, 2019

A pre-existing condition is a medical condition that someone has before securing health insurance coverage. These are previously diagnosed conditions that are part of the individual’s medical history. Some examples…

Read More

First Time Car Purchase: A Millennial’s Guide to Negotiation

April 29, 2019

The art of negotiation has been studied for centuries. People want to know how to walk away from every situation as a winner. A negotiation means that each party leaves…

Read More

How to Make Your Small Business a Success

April 21, 2019

When starting a small business there are so many things to consider. The top concern is how you are going to make your company stand out from the crowd. The…

Read More

Gap Insurance

February 23, 2019

Car Insurance is Complicated Gap insurance: it seems like there’s always something about insurance that we don’t know. There are so many different types of policies and details. Which one…

Read More

Things to Pay Attention to When Buying an Older Home

February 10, 2019

Buying a home is one of the most stressful processes a person can go through. To start, you have to find a home in the right price range with the…

Read More
%d bloggers like this: