Kim and Bobby discuss starting a new business, whether entrepreneurs go from a side hustle to a full-

blown new company. We touch on The Edge, one of West Alabama’s business incubators, and touch on

the pros and cons of sole proprietorships, LLCs or Limited Liability Corporations, S corporations, and C

corporations.

After figuring out the correct entity formation for your business, we walk you through getting a Federal

EIN (employer identification number), the Secretary of State filings, the Alabama initial business

privilege tax return, and business licenses.

Hosts: JamisonMoneyFarmer PC CPAs Kim Smith and Bobby Bragg

We are having a general business conversation and we are human so not every detail, example, or

exception might be an exact match to your circumstances or understanding, so please don’t hesitate to

reach out for help or clarification.

Connect with Us:

Web: www.JMF.com

Email: [email protected]

Twitter: https://twitter.com/JMFCPAs

Phone: 205-345-8440