. Start a small business as permanent resident is what today’s video is about.
In this video I go over what a PR can do to start his or her small business in USA. The first thing to do is to write a business plan which will have the objective of the business, the target audience, the starting capital and also the source of that capital.
After the business plan is done, you will need to come up with the name of the business known as DBA( Do Business As). Next you will get the business license at the city you live in for example, if you live in New York just google (business license New York) and you will find the address of the place to go.
Once you register your business, you can start operate the same day with the receipt you receive after paying for your license before getting the actual license in the mail.
After the license, apply for EIN (Employer Identification Number) which is like your business social security number. If you want to open a business bank account, that is the number you will use.
Now you can decide if you want to operate the business from your home, online or rent a motor and brick store.
Once you get your business location ready, you can start operate and make money.
Before I forget it depends of what kind of business you are doing, you may need to register for city or state tax so check with the representative when you go to register your business license.