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Do you have an idea that you think would be a great business and you want to bring it to life, but sometimes the administrative parts of getting a business started and running feel overwhelming?
In this video, we'll walk you through stepbystep what you need to do to get your business up and running from an accounting, administrative, and legal perspective.

Even if you already have a business, this video could be useful if you're considering starting another one. Join Hannah as she goes through this process herself and share valuable tips along the way.

In this video you will find:
01:01 Why This Information is Evergreen
01:16 Personal Business Journey
02:52 Importance of a Business Name
03:14 Step 1: Forming Your Entity
05:00 Step 2: Getting an EIN
07:09 Step 3: Applying for Business Licenses
09:21 Step 4: Setting Up a Bank Account
12:13 Step 5: Setting Up an Accounting System

To learn more about CFO services for B2B services providers making over $1M in annual revenue, go to: https://claracfo.com/cfoservices/'>https://claracfo.com/cfoservices/

Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO'>https://claracfo.com/QBO

‍♀‍Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun'>https://claracfo.com/adprun

Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio'>https://claracfo.com/melio

(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)

Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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