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Starting a Business (Molokai)

Feb
11
2025
Tue, Feb 11 4:00 PM to 5:30 PM
Online
Topic: Start-up Assistance

Starting a Business (Molokai) -facilitated by Hawaiʻi SBDC, Maui Center & Kuhaʻo Business Center This webinar is for prospective and new business owners and introduces the fundamentals of starting a business in Hawaiʻi. What options are available for financing a startup? What are the choices for form of organization? What registrations are required to "legally" conduct commerce in the state of Hawaiʻi and what is the Hawaiʻi General Excise Tax?

FUNDAMENTALS OF STARTING A BUSINESS IN HAWAIʻI 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) • Beneficial Ownership Info Registration with FINCEN (new federal requirement) • Basic Business Application Form BB-1 -General Excise Tax License PLUS MORE... • What is Hawaii’s General Excise Tax (GET)? • Options for financing your startup

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 focuses on economic development by small business and utilizes his entrepreneur expertise enabling small businesses to start, grow, and thrive.

Co-Sponsor(s):

There is no charge for this workshop however registration is required. Registered Attendees will be emailed a meeting link to participate online via Zoom.


Fee: No Cost

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