10 Steps to Starting a Business in California

Are you contemplating starting a business inFind advertising spaceAny good business owner
California? This is a guide to setting up a businessknows that the flow of customers into their store
in the sunny paradise of California.California is ais the lifeblood of their business. But not all
fantastic place to start a business, with severalbusiness owners know where and how to
enormous cities like Los Angeles, San Franciscoadvertise their services. Here are a few
and San Diego.ideas:OfflineSet up business in a high traffic areaBe
The population and diversity of the state issure your signage on the front of your business
enough to begin just about any business youmakes you easy to see. It should be big enough
could imagine, and thrive.Here are a few thingsto be easily read from the road, and bright
you should consider when starting your Californiaenough to stand out from those around it.Your
business:signage should make it immediately clear, to
Where in the city is your marketsomeone driving by with only a second to glance
demographic?The cities of Los Angeles, Sanat it, exactly what your business does.Yellow
Francisco and San Diego are enormous, withpagesBillboardsBus benchesPoster boardsHand out
many different pockets of demographics. EvenflyersHost groups and clubs at your
the smaller communities in California likebusinessAttend local business networking
Sacramento, Stockton, Bakersfield and PalmfunctionsLocal newspapers like the la times (
Springs are large communities by any other stateAngeles Citysearch ( Francisco Citysearch (
standard. You may want to research in whatAngeles Craigslist ( Francisco Craigslist ( can find a
location of the city your particular business wouldversion of the above web sites for almost any of
be best suited.the larger cities in California by putting the city
What does business space cost in your desiredname at the front of the url.PPC ads on Google (
location?Different parts of the city will have wildlyor Yahoo ( ads can be targeted to a very
varied monthly lease costs. For example, in Loslocalized area. You can ensure that only people
Angeles, Melrose Avenue or Downtown LA willsurfing the internet in the Los Angeles area (for
have much higher rates than Culver City or Northexample) will see your ads. They will appear only
Hollywood would.when they're actually looking for your product, or
What kind of business entity should youreading something similar to what you offer.
form?Learn how to set up a CaliforniaStay current on your California Tax Laws.One
Incorporation ( about places to form a DBA, orthing that can ruin a new business quickly is falling
"Doing Business As".behind on taxes. Make sure you don't make that
Get a Federal EIN numberYou can file for an EINmistake! Make a solid effort to understand what
as soon as you get your EIN from the IRS ( oryou need to know about California taxes - talk to
you can have your incorporator get it when youyour accountant about it!
file your incorporation.Set up a web siteCustomers expect to be able
Get a business licenseGet a Los Angeles businessto find you on the Internet.Without a web site,
license ( in Google for the term "(city name)you take away a potentially lucrative advertising
business license" and you will be presented withavenue (see the Internet advertising tips
results for your particular city.above).Many places like Yahoo ( make it easy to
Set up a bank accountYou need your EIN andsetup your own website, with your own domain
Incorporation (or DBA) paperwork before youname.Find a domain name. I always use GoDaddy
can open a bank account and deposit checks( to register my domain names. I've found that
made out in your company's name. Once youDomainsBot ( is a great tool to find a cool domain
have this paperwork, it's a fairly easy process.name. Once you find it with DomainsBot, you can
You just walk into your local branch, and theyregister it with GoDaddy.
should help you get set up. The only bank I don'tThey say that 9 out of 10 businesses fail within
recommend is Washington Mutual, who wantedthe first 5 years. Most businesses are not
original copies of paperwork that the state offinancially or legally ready to succeed. If you follow
California had kept. I had the certified copies fromthe simple steps in this article, you'll be better
the state of California, but Wamu would onlyprepared to run a long-term and profitable
accept the originals. I've had better luck withbusiness. Los Angeles is ready for you - you need
California National Bank, they have very goodto be ready to handle Los Angeles!Oh yeah, and
customer service.have fun!Travis Giggy is a business specialist and
Find an accountantLack of bookkeeping is one ofone of the Founders of A website dedicated to
the top reasons new businesses fail. As thereviewing and listing the best services that
owner of the business, you'll be very businessprovide online legal services like incorporation,
running your operations, and the books will fallforming an LLC, getting your last will and
behind. Be sure to set up your books, and hire atestament, or getting a divorce. See our special
good accountant at the outset so that thisCalifornia Incorporation portal here.
doesn't become a problem.