I am a full-time teacher in the state of North Carolina. I would like to start an online retail store to supplement my income, and eventually open a storefront in Maine. What is the best type of business license for me to obtain. I plan on the online business to make between 0 & $1000 per month. I will be the only employee and would like to obtain a EIN number.
Thank you for your question. Be sure to go ahead and bookmark www.nateanswers.com for future questions.What kind of product or services will you be selling through the website?
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You just need to get a local business license in the city/county where you reside. There is no need to go to the trouble of forming an LLC or corporation at this point. If you want to get an FEIN (it isn't absolutely necessary to do so), you can get one online in a few minutes fee from the IRS website. That can be done herehttp://www.irs.gov/businesses/small/article/0,,id=102767,00.htmlPlease remember to only rate my answer when you are 100% satisfied. IF you feel the need to rate "Poor Service" or "Bad Service", please stop and reply to me via the REPLY TO EXPERT button with the issue you have. I am not paid unless I get a rating of 3 to 5 Stars/Smiley Faces. If I have helped you with your question, please give me an appropriate rating so that I get credit for helping you. Thank you, Nate