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Phone Number : 302.652.4800

Industry News

Five critical resources for any potential business owner

The right information is a key part of opening a new business.

The right information is a key part of opening a new business.

Starting a business is difficult, and you're going to have questions. If you're looking for some guidance, here are five valuable resources that can help you deal with any issues that might arise.

The United States Small Business Administration: This is the go-to government resource when it comes to opening up your small business. It has information on understanding the federal marketplace, finding legal advice, and obtaining valuable loans and grants.

IRS Small Business Center: The nuances of your tax obligations can be difficult to remember. Luckily, the Internal Revenue Service has a handy site that has all of the regulations and forms you'll need to get your small business off of the ground. It can also help answer questions like, "how do I get a federal id?" and "what will my tax burden be?"

A source for legal advice: It's important to make sure that you're on the right side of the law, and you want a qualified service to do that. If you have any questions of legality, be sure to consult a licensed  professional before moving forward.

The federal stats database: Before you move forward to market, it's critical to do your research. This site has statistics from more than one hundred different federal agencies — information that will be invaluable as you scope out your business and decide on your target audience. The more data you have on hand, the more prepared you'll be to launch.

An incorporation services company: Not only can they walk you through the benefits of forming an LLC, they can also serve as a registered agent so that you don't miss any important documents. If you're looking to form a new business, an incorporation service can help make that a reality.