• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Quick question on STEPS

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

mikemtglo

Junior Member
What is the name of your state? OREGON

Hello,
Just a quick thread - thanks to anyone that answers for their time! The questions are simple - I have researched before posting though - just needing a clear, definitive answer from someone with the knowledge.

My partner and I are starting a home based business (contract home loan underwriting) - After I register our business name, acquire city business license & Home occupation permit - is that all I need to do?

There are no employees - only he and I. My main questions are:

Do we need an EIN?
Do we need to become an LLC, partnership etc.,?

Or for something as simple as what we are doing - are we ok with only the city biz license?

Thank you again for your time and help! Much appreciated!
 


j62murphy

Junior Member
alabama
I don't know what the laws are there, but here my husband and I just opened up a Janitorial service and we were told by the buisness license clerk that we only need the buisness license to start off . but can someone please tell me what LLC means?
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top