
- CAN I GET A FREE BUSINESS LICENSE IN OKLAHOMA HOW TO
- CAN I GET A FREE BUSINESS LICENSE IN OKLAHOMA PC
Search the web for your proposed name. Here are some of our tips on business identity including logo and trademarks. Make sure you’ve covered the basics: unique, easy to understand/pronounce (practice saying it out loud: “Thanks for calling XYZ”) and can survive over time (“DVD World” is not timely).
CAN I GET A FREE BUSINESS LICENSE IN OKLAHOMA HOW TO
In Step 3 we’ll show you how to search for the name in Oklahoma, but we highly recommend you do the following before searching Oklahoma state databases: Has largely replaced the DBA and Corporation in popularity recently as it provides liability protection but with much less complexity (and taxation) than a Corporation.Ĭhoosing a business name is easier said than done – many legal and business problems can arise from picking the wrong name (you can always change it later but the less times you have to do that the better). An LLC or “Limited Liability Company” is a newer type of business that is both a separate entity but provides very easy management (doesn’t require directors or officers) and taxation.
CAN I GET A FREE BUSINESS LICENSE IN OKLAHOMA PC
Some professions are required to choose what is known as a “Professional Corporation” or PC (doctors, lawyers, architects, etc.). More complex than a DBA but the entity of choice for large companies and startups that intend to raise funding.
A Corporation is a separate entity (provides liability protection to the owners) that has a structure that includes shareholders, directors and officers. A DBA or “Doing Business As” (also known as a “Fictitious Business Name” or FBN) is not really a separate structure, but just a different name that an individual or partners use as their business name. Click here to learn more about business entities. There are 3 basic options: a DBA, a Corporation or an LLC. Though the state itself has a low-ranked business environment, Oklahoma City was recently named by WalletHub as the country’s Best Large City to Start a Business. Oklahoma entrepreneurs benefit from low operating costs and incentives such as the Small Employer Quality Jobs Program for businesses with a maximum of 90 employees. The Sooner State is home to headquarters for Express Services, Hobby Lobby, QuikTrip, Love’s Travel Stops & Country Stores, Accord Human Resources, Helmerich & Payne, Sonic and MidFirst Bank, among others. Located equidistant from both US coasts, modern Oklahoma City serves as a principal distribution center in the state and region and was recently ranked by Forbes as America’s “Most Recession-Proof City” due to falling unemployment, one of the strongest housing markets in the country and strong growth in agriculture, energy and manufacturing. The capital of Oklahoma, aptly named Oklahoma City, was established in a land run of 10,000 homesteaders on April 22, 1889.
Start a Business Online Now Oklahoma Business Facts and Environment