Step 2) The second step you need to make in starting your business is setting up your business bank account. Your business funds must be kept in a separate account from your personal funds--PERIOD. If you keep your business and personal funds in the same account, it's commingling and that's against the law.
Step 3) The third step you need to make in starting your business is to purchase liability insurance. This is mandatory--every reputable business has liability insurance. Think about it: Do you really want to be help personally liable if something with your business goes wrong. Having business liability insurance will help to prevent that. This is just a start....
If you want to start a good recession-based business, check out the following 100 page ebook entitled "How To Start a Foreclosure Clean Up Business" Here's the link:
http://www.lulu.com/content/paperback-book/how-to-start-a-foreclosure-clean-up-business/7034497
Also, here's a free article on how to start a Repo Business:
http://www.ehow.com/how_5000853_start-repossessions-business.html
Published by Robb Weigel
I'm a professional business writer. I'm currently researching and writing online books on the top 20 best recession-based businesses. View profile
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