The first step is to decide what kind of Entity you want or need for your Professional Goals of establishing the legal entity.
I always utilize NorthWest Agent for all of my Formation and Entity Management needs. They are always very helpful, answer the phone, return voicemails, and return emails in a prompt manner. Everyone at Northwest Agent is so pleasant, helpful and committed to supporting their clients along the life of your Business.
It's all turnkey and clients can access everything on their website virtually. If you run into any issues or have a question-just give them a call.
They offer all the Formation Forms needed for Free if you want to form it all yourself. I advise paying them their convivence fee to get it all done right the first time.
It is very risky from a Legal Standpoint if you don't have them acting as your Registered Agent. If you make any mistakes on the do-it yourself approach, you will have to hire them to fix it. It saves so much time and effort to let the experts take care of this part. If you don't, it ends up costing you more Time & Money in the end.
I have all the links below. File for an Entity for $39 and get Free Registered Agent for the first year for New Clients! ($125 value for TLG Clients only). Then have them file for your EIN number or skip that step and Do-It-Yourself in step 2 of TLG Business Start up Plan and save $50. It takes 10 minutes to fill out with IRS.
TLG Certified Professional Business Affiliate.
You need to contact your County, City and State Business Regulators to double check what applicable licenses or permits you need to obtain and to display for your business.
If you are not Legal, you will not stay open long. This is a very important process in this Step-by-Step process.
You need to get your Federal Business EIN number from the IRS. You have a choice between using the Professionals at NorthWest Agent or you can save some money and Do-It-Yourself.
I have setup a lot of Business Banking Accounts in my Career. I have observed that the most functional option for me was with FOUND Bank.
They offer FREE Business Accounts for all Founders/CEO's. The Found Bank offers a variety of FREE Built-in Software for Bookkeeping, Invoice Customization and Preparation & Filing of Business Taxes. (Quarterly and Yearly)
Found Bank has partnered with most Major Banks to accept most forms of payments, including most mobile payment apps. Found Bank accepts credit card payments with the enrollment with a payment service company called Stripe.
I am not an Affiliate of Found Bank, but the link gets us both a bonus for you signing up with minimum deposits met.
I would HIGHLY recommend everyone read the Non-biased Professional Review by a seasoned Found Bank customer. This review details all of the information on the Pros and Cons of using Found Bank.
Businesses need to explore the option of using a local bank. If you accept or deposit physical payments in person, that would be a better option.
The ability to deposit physical money's is a challenge and a major drawback in my opinion. Found Bank is a Virtual Bank with limited to no Physical Locations available.
TLG Certified Professional Business
I advise to purchase a separate computer to work from with your New Business Entity that is secure and will not be logging data on a 9-5 Company provided computer while transitioning to your own business. Companies track your data and your movements on their severs and what you are viewing on their systems.
You don't want to lose your job because you are not being productive and sharing your future plans of starting your own New Startup.
You don't want to use the family computer either. Client and Business data should never be on a shared machine. Anyone that has access to your Business Data or Client Data could cost you dearly in the end. If the data gets lost, compromised, corrupted or stolen.
Only trust your Business & Client information with the owner of the Business as the one that is responsible for the computer. Married Couples that go into Business together are going to have a problem with this statement because they are a partnership.
Solve the problem with just buying two computers. If you put one person in charge of the one computer, they have all the power. Dealing with money destroys marriages, relationships, and trust. Don't make the mistake of losing your business over someone's greed of money.
I buy all my computers from the Compu-Tech. He offers computers starting at $150-450 in person or online at his EBAY store.
They all come with Microsoft Office and Windows 11. They are ready to go to work for you when they arrive at your doorstep. He uses the same step-by-step process for software setup for all of his computers. The computers have most of everything you need to get started right away.
Be Sure to tell him The Littrell Group sent you and he will definitely get you the best deal and may even throw in FREE shipping if you Mention TLG.
TLG Certified Professional Business
The most important thing for any Business is Data Security, Cybersecurity, and Anti-virus protection.
I have tried and tested multiple software's throughout my Business and personal career to keep my data and my client's data secure.
I have links to what I recommend for the best and most economic software to keep your Data Secure for your New Business Startup.
I have found the NordVPN and the AVG Suite listed to be the best combination when used in tandem to be the best data security option.
Both the NordVPN and AVG Anti-virus Suite package listed is what I recommend in my Step-by-step Data Security Consultations.
Book an Appointment today if you are interested in the Data Security Consultation on how to utilize these two tools to secure your data. Your tools are only as good as the person setting them up and operating them.
Both are TLG Certified Professional Business Affiliates.
It is always important to setup a Professional Business Email Address right the first time when you Startup your Business. I have found that yahoo has blocked Business Emails in the past. I have not seen it on any other email services so far.
I would look into the best providers-Outlook, Gmail, etc. If you are going to get a website, they offer one free email sometimes, but you may be looking at extra fees. If you change website providers in 2 years and lose your email address, you are in trouble. This is a very important decision in the step-by-step process. This choice will dictate communication with your business for the life of your organization.
I personally use Gmail for all my Business needs. I do not like my choice of Big Tech, but it's to late to change it now. But, if I would have gone with my first website servers email address, I would have already lost all my key data and been forced to stay with that service over my email address.
They use email addresses as blackmail for them to charge customers whatever they want because of the importance of that email address. Don't bundle services on phone, internet, email, or anything that they can hold over you for the life of your business. Best advice you will ever get.
How many people pay high phone and internet rates right now over their personal phone number or email address connected to their phone/internet provider? They got you on that service for life. Don't make the same mistake with your business phone and email address.
You are now ready to setup your Startup Business Office. I have provided some discounted Professional Affiliates to start purchasing the necessary supplies and equipment to run your Business.
The reasons I include these links in the step-by-step plan is because of the cost-effective approach and having them all organized as quick as a click away.
Please check our Professional Affiliates first to save yourself a lot of time and money. You can go into town and spend 1-3 days shopping for deals, or 1-3 hours picking it our and arriving on your doorstep in 1-3 days. How much is your time worth right now? 8 hours a day for 3 days is 24 hours. If you think your time is worth 25$-you can save $600 by shopping my Professional Affiliates and getting discounts that you can't get in the store or on their own websites.
I will challenge anyone to compare shopping online from my discounted links to my Professional Affiliates and then shopping locally to find the same equipment at each specialize store.
It can be done, but at what cost. The savings in time, money, and peace of mind will always win in my book on this convivence. Depending on your Business Focus and Industry, results will vary. Please email your results.
You have now successfully completed your Business Startup. It's time to dress the part. We have some great discounts with our Professional Business Affiliates that offer a variety of trendy and functional clothing for the next chapter in your New Life.
They offer products for all Professionals that works in the elements-all the way to the Professional in the Office. We also have that in-between option for comfort when you work from your Virtual Office.
This is a very important part of the Step-By-Step process. When you are seen by your clients, you are advertising your Business and your sense of style with their first impressions. The clothes you wear have a lot to do with client expectations even before you start conduct business.
When you approach a CEO/Owner of a company, your first impression is how they look, carry themselves, and their confidence while they speak. The clothing you wear helps prepare you with extra confidence in those three areas. This gives your clients the impression that you are a Professional ready to execute the products or services you specialize in.
The number one Failure of most Startup Businesses is not having enough Capital to survive on the front end until you get a steady revenue stream to cover reoccurring cost. Over 90% of new businesses fail within the first year.
I have some Trusted Affiliates to help people with credit issues, no credit, and to help build your business credit around your Business EIN number profile.
As a New Business owner, you need the Startup Capital you deserve to help you get by the hardest part of the process-To become Profitable. Every business needs to start working on their business credit as step one in their finance plan. This is why majority of businesses make mistakes.
Most Businesses start off slow and take at least a year to become profitable. The mistake is that most can't scale up with demand that you have generate because of lack of funding.
I have an TLG Certified Professional Business Affiliate that can build your Business Credit Profile and guarantees every member a minimum of $50K in business credit within one year of working with them, if you follow their 7-step process. If you are a high expense business, you can expect exponentially more that. To become a successful Business, you have to build your Business EIN credit to secure funding.
There is options with The Small Business Administration(SBA). I have never had any luck nor qualified for any loans through SBA for any of my Business Formations. If I relied on SBA to start a business I would have never started a single business. I spent many hours meeting their requirements of developing business plans, budgets, and waiting month to years, only to be rejected. Others have good luck.
Don't let the initial investment stop you from your dreams, there is always a loophole to get anything done. If you really want something done, you just have to think outside the box or find a good Business Consultant.
***These Resources need to be explored before starting your business so that if you had to scale up quickly, you qualify for the Capital you deserve, and your credit is ready to be reviewed by potential Lenders and Investors.***
Gilead Hi-Tech (P) Ltd., (GHT) was started in 2018. He is a personal friend, and he is the best that I have found for Outsourcing/Offshoring/IT Services & Consulting.
GHT is committed to deliver efficient, innovative and cost-effective software solutions/products and services to the customers around the world. Design, Quality, Pricing and Assurance capabilities are the key attributes that differentiate GHT from others. GHT emphatically believes that Customer Satisfaction is the primary key to become successful.
GHT provides complete customized solutions to help your business beget optimum quality solutions using latest tools and techniques. We offer enterprise solutions, technical consulting, performance engineering and quality assurance solutions - name it and we do it. Creative, Smart, Sharing, relaxed workers make the customer too comfortable to get their benefits upon from the imaginary line and fulfillment of the customer with a snappy turnaround time. To put it plainly, we help organizations prevail through innovation.
Results oriented: get the job done, on time and within the parameters.
► Strong organizational, multitasking, time management & problem-solving skills.
► A highly self-motivated and personable individual. Proven track record of success in the workplace.
► A wide area of expertise and knowledge
► Multi-language: any language you speak we can connect with you.
TLG Certified Professional Business
The best way to grow your Business Revenue is by customer referrals. The customer experience is what keeps your Business going for the long-term with repeat business.
It takes one Bad Experience to damage your reputation FOREVER. (Take a look at the TLG Blacklist) If you are going to be successful long-term; you have to do everything in an ethical, accommodating, and positive customer service driven way to handle any issue as the Owner of a Professional Business.
The Goal is to turn a customer's complaint into a customer's solution that satisfies them fully and wanting to come back because of the way your personally dealt with their issue. When you find the problem, if your situation if handled correctly, it is turned into customer referral business promotion. If handled incorrectly to salvage the cost of the mistake, you instead promote negative advertising to everyone about your business's products or services by that customer.
If you stop and think about it, for every problem you sacrifice you cost of the product or service to make that customer happy, you just received the best advertising that they share with all of their friends and family. You just generated your next sale and the customer just sent you 2-3 customers over their personal testimony of how you made their experience a great one.
You can look at that experience as an advertising expense that you didn't pay to marketer, a learning experience to improve your business model, and customers will hear about your business products and services through the best avenue for converting sales-Customer Testimonial. The key is to learn from these customer issues quick and not to have repeat issues that continue to cost your Business money and more customer complaints.
You didn't lose anything doing the right thing, you gain triple the cost of the solution in future business revenue through a customer recommendation and hopefully fixed an unknown issue that will not happen again.
The most important part of your Business is to excel at what your business provides in products or services. Use your talents to make your dream a success. What makes your products or services better than your competition. When you know that answer, you have truly started something that will last the test of time.
Remember, you can do everything right 99% of the time and be the best of the best. The 1% of the time you cut corners or make mistakes with customers, that is all they will remember and could be the negative experience that goes viral.
Bad reviews, negative business promotion by customers, or even legal issues can decimate the best of new businesses.
The ultimate goal of every business is not to have to pay to advertise and let the customers advertise for you by sharing their above average experience with their family and friends. Working off referrals is the ultimate goal of every business.
I wish you the Best in your future endeavors. I am going to update this page regularly and add useful links that will help you to succeed. Feel free to send feedback on what you think about this resource and how I can improve it.
God Bless You,
-WJL
Everyone needs to make time to Enjoy Life and take care of your Health. Working all the time and getting burned out is the worst thing you can do as a Business Owner. Take care of you Mind, Body and Soul. Check out our Professional and Personal Business Affiliates and take care of your Health.
The Story of a Man with little or no direction; learning everything the hard way. He is an individual that strived to find a direction in his life through Corporate America. He stood firm in his Conservative views of Life, Integrity, and the Pursuit of what he thought was Happiness.
Through his journey through life he learned everything that the world called Success was at a cost of losing his soul. He would continue to FAIL at every job that he was hired for because of his inability to compromise his core values and spiritual beliefs to help Corporate America steal profits at the cost of his intergrity.
This non-stop, detail-oriented story of a man that struggled and lost everything in his life that he ever thought made him happy: job after job, son's mother, wife, all of his family, and all of his so-called friends over Living for the Truth.
At the current publication, we watch this man as he struggles to fit in to this Crazy Corporate World. We follow him through his journey to try to change this world with the Truth and Integrity that he expected out of everyone and everything; only to find that the system is made up of liars, cheaters, and stealers.
His details examples of Fortune Companies, one after the other, breaking employment laws, fostering unethical work practices, and forcing unsafe work conditions that shows the true state of Capitalism in America today.
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