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Employee Identification Numbers

Please see attached for instructions. Thank you!

Requirements For Starting a New Business

Background Work

Legal Requirements

1. Do we need a business name (DBA) and a company name? Explain.

A fictitious name (also known as a “doing business as” or “dba”) is:

· Different from your personal name if doing business as a sole proprietor.

· Different from your entity’s legal name if you have incorporated or otherwise formed a separate legal business entity.

1. Do we need to research Federal, State, and Local business naming laws and requirements?

1. Do we need to research Federal, State, and Local Labor Laws?

1. Do we need to research our need for and how to obtain an EIN?

1. Do we need to research Federal, State, and Local tax requirements?

1. Do we need to determine Income tax, Estimated tax, Self-employment tax, Employment tax, Excise tax, and/or Sales tax?

1. Do we need to research zoning ordinances?

1. Do we need to research securities registrations requirements?

1. Do we need to research Permits & Occupational/Professional licenses?

1. Do we need to research necessary OSHA requirements?

1. Do we need to research Federal, State, and Local environmental regulations?

1. Do we need to research the necessary components to conduct risk management for Restaurant services/products? Explain.

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All rights are reserved. The material contained herein is the copyright property of Embry-Riddle Aeronautical University, Daytona Beach, Florida, 32114. No part of this material may be reproduced, stored in a retrieval system, or transmitted in any form, electronic, mechanical, photocopying, recording or otherwise without the prior written consent of the University.

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