Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Do we need a business name (DBA) and a company name? Explain. A fictitious name (also known as a doing business as or dba) is:

1.Do we need a business name (DBA) and a company name? Explain.

A fictitious name (also known as a "doing business as" or "dba") is:

Different from your personal name, if doing business as a sole proprietor.

Different from your entity's legal name, if you have incorporated or otherwise formed a separate legal business entity.

2.Do we need to research Federal, State, and Local business naming laws and requirements?Explain

3.Do we need to research Federal, State, and Local Labor Laws? Explain

4.Do we need to research our need for and how to obtain an EIN?Explain

5.Do we need to research Federal, State, and Local tax requirements? Explain

6.Do we need to determine Income tax Estimated tax Self-employment tax Employment tax Excise tax Sales tax? Explain

7.Do we need to research zoning ordinances? Explain

8.Do we need to research securities registration requirements? Explain

9.Do we need to research Permits & Occupational/Professional licenses? Explain

10. Do we need to research necessary OSHA requirements? Explain

11. Do we need to research Federal, State, and Local environmental regulations? Explain

12. Do we need to research the necessary components to conduct risk management for Restaurants services/products? Explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Accounting for Governmental and Not-for-Profit Organizations

Authors: Paul A. Copley

10th Edition

007352705X, 978-0073527055