It has been a year since I started the online store business with my partners. We have gone through many learning steps. I think it will be helpful to set aside the processes for starting an online retail business in Arizona. Who knows what will happen tomorrow. I can start a new business again.
These are the brief steps.
- Look for the availability of the new company name in the Arizona Corporation Commission from the link below.
- Present the required documents to register the company as an s-corporation. If you prefer to start as an LLC, you can do so by choosing a different corporation type and fee schedule.
- Download the submission forms from the link below
- Concealed blade
- Articles of Incorporation for National Corporations
- Disclosure Certificate for Business Corporations
- $ 95 check issued to the Arizona Corporation Commission
- If the document is filed with an expedited process ($ 60 + $ 35), it will take approximately one week to get the item document returned from the corporation ($ 5 / each). Otherwise, it will take about 55 days.
- Upon receipt of the corporate article, please post the article within 60 days. AZ Capital Time can complete the entire process for approximately $ 91, including mailing the published copy to the AZ corporation commission. Of course, there are many public newspapers that can do it for you. Find the one that best suits your needs.
- Once the process is complete, call IRS.gov to obtain a new EIN (Employee Identification Number)
- Download and submit S corporation election form 2553 to form S corporation
- Apply for Arizona Retailer License Online at AZTaxes.gov
- Apply for a new business checking account with the bank
- Apply a new business credit card
- Find a good company to buy the starter kit (including statute, minute book, etc.)
- Register the desired domain name on Godaddy.com, which contains a reasonable price.
- Find a good hosting company.
- Set up the open source shopping cart from Zen-Cart.com. It’s free!
- Customize the logo and design.
- Enter the products
- Set up the Paypal business account and link to the shopping cart (Paypal IPN)
- Get an SSL certification on your own or with your hosting company. Without SSL, Paypal will not accept your request for credit card processing.
The time to complete the entire presentation of the corporation is approximately one month. Now. It is up to you to run the business. Few notes to remember.
AZ requires filing the tax return on a monthly basis. Fedral requires filing a quarterly tax return. Do your research on your product supplier well. Many direct shipping companies charge their additional amount if you wish to terminate your relationship with them. Also note where the product was manufactured and shipped. If the product is made in China, chances are you can find a different carrier, the same product with a different brand. You can haggle the price.
To be successful as an online business, your customer services and the quality of your products are important. Ignoring your customer’s feed will cost you much more to recover the damage you did.
