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Starting a Business in Alabama


Writing a Business Plan
Before starting out on any business venture it is a good idea to start with a business plan. A business plan provides a road map for you to follow. A comprehensive plan should include starting financial information, operational expenses, marketing cost, and projected income statement. By going through this process it will give you an opportunity to think through every aspect of your new business.


Pick a Business Name
When you pick your business name keep a few things in mind. A good name should be easy to spell and easily remembered. Your company logo should be able to stand on its own apart from your business name.
If you pick a name that is difficult to remember, you will have to devote a good portion of time and investment into developing your brand. Unless you have a large amount of startup capital, it is a good idea to choose a more straight forward name that contains words relevant to your business.


Register Your Business
Once you have chosen your business name it is time to register it with the state of Alabama. Choosing the right corporate structure is something to consider carefully. There are different limitations to each entity type. Before you can finish your filing in the state of Alabama, you need to select a registered agent. National Registered Agents, Inc. has been providing professional registered agent services since 1995. Whether you would like us to prepare and file the necessary documents, or only need a registered agent, we would be happy to assist you with this process. You can learn more about our filing services by clicking here.


Apply for a Federal Employer Identification Number (FEIN)
If your business is setup as a sole proprietorship you may not need to obtain an EIN. However, if you want to hire employees you will need an EIN. You can apply for your EIN by visiting www.irs.gov.


Choosing a Location for Your Office / Store
Before picking a location for your business, it is best to consult with your local government and comply with zoning laws. Remember to keep your business needs and budget in mind before selecting your final location.


Licenses and Permits
Depending on what type of business you start, you may need additional licenses and permits from the state of Alabama. It is best to directly contact www.alabama.gov to see what you need in order to do business.


Conclusion
Overall, starting a new business in the state of Alabama can be very rewarding. At National Registered Agents, Inc. we can help minimize some of the start-up tasks by helping you with filing and registered agent services. Contact us today to learn more about our products and services.

 

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