NEW OPPORTUNITIES IN ENTREPRENEURSHIP ”VIRTUAL OFFICES”

Apr 22

Virtual offices, one of the concepts brought to entrepreneurs and the digital world by the ever-changing dynamics in the business world, opened the doors of a new model to entrepreneurs.

One of the advantages of virtual offices that do not require you to be physically present is that they are much more affordable than real offices; because at the end of the day you are not renting a real property. Even this way, you still have access to many of the benefits of having a business address such as a landline number and an address where you get your mails and deliveries.

THE SUNSHINE STATE

Also get its name from the benefits for your business.

In addition, regardless of your business line, you are having an office address that increases the prestige of your company. Likewise, having a real address where your mails and documents will be delivered will facilitate the follow-up of your business.

So, what are the benefits of having a business in Florida?

Minimal tax burden. In general, entrepreneurs know that Sunshine State has a generally low tax liability compared to other states of the United States, no personal income tax to pay. Companies in Florida also have the advantage of having to pay only 5.5% on corporate tax returns.
Kickstart Options. Florida offers many angel investors and investment capitalists for entrepreneurs looking to kickstart their projects. This easy access to investment opportunities makes the startup process much simpler for the business owners in Florida.

What are the easy steps of starting a business in Florida?

Decide on the business structure such as LLC or Corporation.
Choose a business and Trade Name (DBA - Doing Business As)
Register your business using your virtual business office address with the state online from sunbiz.org or consult to an accountant.
Apply for your Employer Identification Number (EIN) which will be used to open a bank account and to file tax returns with the IRS.
Open a business account with your EIN and you can apply for the credit card to pay your business expenses.
Check if you need a license, insurance and permits and apply if you need one.
Learn about how to file your taxes and other filings if you are not going to work with accountant. You can find multiple sources to learn about your business accounting needs.