Starting a(n) Restaurant Business Licenses & Tax IDs

Hi, I'm Brown LLC Liquor License Restaurant

65301 LLC Liquor License Brown Eoin Restaurant Liquor License 3639 Restaurant 2 Sedalia MO

, Brown.

Hi, I'm Randy Resell License Restaurant I'm interested in opening a business in San Diego and wanted to know steps towards that. It would be a healthy food option restaurant

A: Hi Randy, you need the resell License because restaurant food is taxable. Then you need to get your San Diego License . Then, to get a wholesale License , t..., Randy.

Restaurant Licenses

Starting a restaurant business is perhaps a good idea because most people today want to eat out or take food home. Even though we have about 1,000,000 food service establishments as of 2012, there may still be some opportunity out there. Most consumers want to have a fast and tasty meal, quickly. That makes the to go food industry more attractive but some say, even despite that, the restaurant business is not the easiest to make a lot of money. If you can provide real good food and service coupled with great people to serve it, as well as a good a simple operation, you may have a good chance of succeeding in this business. However, if you don’t know about serving or cooking food, a restaurant may not be for you. But who your clients are going to be? Those from 15 to 25 year old eat out and usually they eat to go or fast foods. So a fast food restaurant may be a good idea to target them. The 25 to 45 crowd likes a more gourmet but yet fast type of service. So a regular, not so formal restaurant may be ok If you want to cater to this group. To serve the crowd from 45 and above, you may want to have an upscale restaurant and or a family upscale restaurant. Finally, keep everything clean, smelling well and elegant and you may be able to make some money operating a restaurant.

I'm interested in opening a business in San Diego and wanted to know steps towards that. It would be a healthy food option restaurant

A: Hi Randy, you need the resell license because restaurant food is taxable. Then you need to get your San Diego Business License . Then, to get a Wholesale License, to buy Retail food items Wholesale, requires licensing because to sell food and to be legal, you need to get licensing. Before getting licensing, you need to set up your company and that requires you to form an LLC, a corporation or file a DBA because that will select your legal structure as a sole proprietor, an LLC or Corporation. Nevertheless, the business name "Union," will be registered as well. For licensing, first, you need the wholesale license also called a seller's permit because you will need it to buy the items you sell wholesale and sell them retail. Second, you need to get a Business License because all businesses need one. Finally, if you will hire, you will need a federal EIN and a State EIN.

✔ Biz Structure

You can choose to be a(n) Restaurant :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

El Paso Business Tax Registration ( Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Restaurant business doing business under an assumed business name in El Paso County i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n) assumed business name certificate. E.g. you venture into a(n) Restaurant business and you give it a trade name such as "Excellence Restaurant & Associates". You will need to register an assumed business name certificate.

✔ Seller Permit

In TX you need a resale ID ( AKA seller's permit) if you selling touchable items. (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states).
Seller's Permit

✔ Federal EIN

Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID. However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting a federal tax ID number.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a TX Federal Tax Id Number ($29) and a(n) TX State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in El Paso, Incorporate in TX or form a(n) TX LLC .

Filing a DBA is not required if you will set up an LLC or form a Corporation. If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation

If you do form an Retail Trade llc or incorporate (about $49 plus state fees for most states) your Restaurant business instead of just filing a fictitious business name (dba), that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the El Paso business name. In lieu of recording a El Paso County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in TX or form an TX LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .


LLC Liquor License MO Restaurant MO Sedalia
Resell License CA Restaurant CA San Diego
Business Licenses TX Restaurant TX El Paso

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