Business Formation
Sole proprietorship, LLC, S-Corp, and C-Corp
What are the four common types of business structures?
City business licensing requirements
What should you check at the local level when starting a business?
To monitor and manage spending
What is the purpose of an expense tracker?
Brand guidelines
What document outlines your company’s visual identity?
Core services and pricing
What should every website’s navigation bar include?
Operating Agreement
Which document outlines internal operations for an LLC?
To ensure it’s unique and available
Why is it important to claim your business name early?
Accounting software (e.g., QuickBooks)
Name a tool for automating accounting
Business name and contact information.
Name two key elements for business cards.
Name a platform ideal for business networking.
EIN (Employer Identification Number)
What number is required from the IRS for hiring employees?
Google Business Profile
What system can list your business for visibility?
A company bank account
What separates personal and business finances?
Designing or commissioning a logo.
What’s a critical first step in developing brand identity?
Testimonials page.
What page showcases customer reviews?
To define roles, responsibilities, and hierarchy.
Why is an organizational chart useful?
D-U-N-S Number
What number is required to build a business credit profile?
Establishing a budget tracker
What’s a critical step in creating a financial accounting system?
Domain name and professional email address
Name two items that establish your online presence.
To share your story and build trust.
Why include an "About Us" page?
Limited liability protection.
Name one benefit of an LLC over a sole proprietorship.
Liability Insurance
What type of insurance is often required?
Forecasting income, expenses, and profitability
What is the goal of financial projections?
To target a specific audience.
Why define your niche?
Project management software (e.g., Asana)
What tool helps manage projects and timelines?