If you have an existing business or if you are considering starting a business, then you are encouraged to visit the CalGold website at www.calgold.ca.gov that is administered by the California Department of Tax and Fee Administration (CDTFA). The CDFTA is public agency charged with assessing and collecting sales and use taxes, as well as a variety of excise fees and taxes, for the U.S. state of California. CalGold provides information about the programs the CDTFA administers, how to register for State permits and licenses, and how to file and report to the CDFTA correctly.
Starting a new business can be both exciting and challenging. There are several key steps to starting a new business in Maywood. Although the steps will vary according to the type of business you intend to start, the following seven steps will help guide you in the right direction. The City of Maywood offers a business-friendly environment and welcomes business development. City staff is dedicated to ensuring your success in Maywood!
The Seven Steps to Starting a Successful Business in Maywood
Please use this guide and any other resources provided free by organizations listed in this guide. Remember that the following steps may vary depending on your type of business, but be advised that you don't necessarily need to finish a step before starting another. On the contrary, working multiple steps at once will allow you to open that business quickly.
Step One: Assess Your Needs and Location & Construct a Business Plan
While there is no way to eliminate all start-up risks, thorough planning and preparation can greatly improve your chances of success. Creating a business plan will help evaluate your needs and talents and will reduce the risks commonly associated with starting a new business. A business plan also acts as a guide, mapping out the course of your business.
Will your new endeavor occupy an existing structure, or will you construct your own building? Are there tax incentives and loan programs that can help your business launch into clearer skies? Building a business plan and assessing your needs will ensure smoother sailing for your new venture. There are many free resources on the web that can help you to construct a comprehensive business plan, such as the Small Business Administration website. Remember, if you fail to plan, plan to fail.
Step Two: Checking Zoning Regulations
Location is vital to your success. The City of Maywood has specific zones based on the type of business being conducted (i.e. retail, office, factory). Before finalizing any location plans or lease agreements, check with the Building and Planning Department to see if your location is zoned for your type of business and verify if any special permits are required.
Zoning regulates the type of business activity that may take place at any particular property within the City. You must also obtain permits if you plan on operating your business from home. Contact the Building and Planning Department at 323-562-5723, or visit City Hall at 4319 E Slauson Avenue, Monday through Friday, 8 am to 5 pm.
Step Three: Establish a Business Structure
Business structures affect your income taxes and levels of personal liability. If your business will be established as a corporation, S corporation, limited liability company, or partnership, you must register with the Secretary of State's Corporate Legal Unit. This office can also supply you with the forms and tools you need, including the Name Availability Unit, which will help find available corporate names for your business. For more information, call 916-657-5448, or visit the Secretary of State's Corporate Legal Unit website.
Step Four: Obtaining Important Permits
The City ensures that all structures are safe for occupancy and use through the issuance of building and occupancy permits. Permits are required for all new construction and in most cases for building modifications, replacements, and remodeling. Even if the lease space that you have selected requires no remodeling, all new businesses in the City of Maywood must first apply online or by calling the Maywood Business Support Center at (323) 366-9303.
Depending on the type of your business, you may also need permits for a variety of uses, including signage and food vending. To find out what other permits may be required, contact the Building and Planning Department. Businesses selling tangible goods in the State of California must apply for a Seller's Permit/Resale Number by calling the State Board of Equalization at 916-227-6700. For a complete reference of regional, state, and federal permits required in California, visit the CalGold website.
Step Five: Register a Fictitious Name & Obtain a Business License
If you give your business a name other than your own, you must file a Fictitious Business Name Statement with the Los Angeles Registrar-Recorder/County Clerk's office. For more information call 562-462-2177.
Once you have registered your fictitious name, you will need to obtain a business license from the City. This can only be done after you have received approval for an occupancy permit. Home-based businesses, self-employed persons, and independent contractors must also obtain a business license. To apply for a City business license call the City of Maywood Business Support Center at (323) 366-9303 or apply online.
Step Six: Check Tax Information
The City ensures that all structures are safe for occupancy and use through the issuance of building and occupancy permits. Permits are required for all new construction and in most cases for building modifications, replacements, and remodeling. Even if the lease space that you have selected requires no remodeling, all new businesses in the City of Maywood must first apply for an occupancy permit. Call the Building and Planning Department at 323-562-5723 for an occupancy permit application.
Depending on the type of your business, you may also need permits for a variety of uses, including signage and food vending. To find out what other permits may be required, contact the Building and Planning Department. Businesses selling tangible goods in the State of California must apply for a Seller’s Permit/Resale Number by calling the State Board of Equalization at 916-227-6700. For a complete reference of regional, state, and federal permits required in California, visit the CalGold website.
Step Seven: Obtain Employer Identification Numbers
If you plan to hire employees, you must first obtain Employer Identification Numbers. Hiring employees requires paying additional taxes, creating employee eligibility standards, obtaining worker’s compensation insurance, and a whole set of other responsibilities. Employer ID numbers may be obtained by completing SS-4 forms provided by the Internal Revenue Service (IRS). Call the IRS at 800-829-1040 for these forms, or visit the IRS website.