Starting a Business in Hawaii
This webinar introduces the fundamentals of starting a business in Hawaiʻi. What defines a business, what planning is required for success, what registrations are required to be "legal"?
FUNDAMENTALS OF STARTING A BUSINESS IN HAWAIʻI ARE YOU READY? • What it takes to be in business and Business Idea Checklist • Business Planning REGISTERING YOUR BUSINESS • Forms of Organization—(Sole Proprietorship, Partnership, Limited Liability Company (LLC), Corporation—”S” or “C” or “B” ) • Register Hawaii Organization with DCCA • Federal (IRS) business tax ID number -also called your Employer Identification Number (EIN) • Basic Business Application Form BB-1 -General Excise Tax -What is Hawaii’s General Excise Tax (GET)? • Federal and state licenses or permits that you may need • Business Federal Tax Considerations: -Income Tax -State & Federal (estimated tax requirement) -Social Security / Self-Employment Tax
Speaker(s): Wayne Wong, SBDC Maui Center Director & Business Advisor. Wayne is a “recovering technologist” with over 30 years of Information Technology experience. Based on Maui, he currently utilizes his entrepreneur expertise enabling small businesses to start, grow, and thrive.
This is a non-refundable workshop unless Hawaii SBDC Network cancels. Pre-registration required at our website www.hisbdc.org. If payment not received at the time of registration, it will be cancelled automatically! Attendees will be emailed a meeting link to participate online via Zoom.
Fee: $ 15.00
We accept MasterCard and Visa. No Cash Payments. Payments must be made immediately during registration or it will be canceled! The fee is non-refundable unless the event is canceled by Hawaiʻi SBDC.