{"id":71865,"date":"2016-12-14T11:15:04","date_gmt":"2016-12-14T16:15:04","guid":{"rendered":"https:\/\/www.chcfinc.org\/clearinghouse\/?page_id=71865"},"modified":"2017-09-07T11:48:30","modified_gmt":"2017-09-07T15:48:30","slug":"business-basics","status":"publish","type":"page","link":"https:\/\/www.chcfinc.org\/clearinghouse\/establish-your-program\/business-basics\/","title":{"rendered":"Business Basics"},"content":{"rendered":"<p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221;][vc_column][vc_column_text]<span style=\"font-weight: 400;\">Once a childcare provider establishes a new business, the next step is to get the business basics in order, which is critical to success. After determining if he\/she is are ready to establish a family childcare program in the home, the first steps should be to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determine the business (legal) structure of the business;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Register the business name (\u201cDoing Business As\u201d), which is optional, though highly recommended;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Obtain a tax identification number (\u201cEIN\u201d), which needs to be completed as part of the license\/ registration application; and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determine the state tax obligations.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To learn more about establishing a business click the links below.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; css=&#8221;.vc_custom_1444993834449{margin-bottom: 15px !important;padding-top: 50px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1444993797023{margin-bottom: 35px !important;}&#8221;][vc_btn title=&#8221;Business Structure&#8221; color=&#8221;blue&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Fbusiness-structure-2%2F|||&#8221;][vc_btn title=&#8221;Contracts &amp; Policies&#8221; color=&#8221;peacoc&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Fcontracts-policies-2%2F|||&#8221;][vc_btn title=&#8221;Doing Business As (DBA) \/ Fictitious Names&#8221; color=&#8221;turquoise&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Fbusiness-dba-fictitious-names%2F|||&#8221;][vc_btn title=&#8221;Employees&#8221; color=&#8221;pink&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Femployees-2%2F|||&#8221;][vc_btn title=&#8221;Employer Identification Number (EIN)&#8221; color=&#8221;violet&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Femployer-identification-number-ein-2%2F|||&#8221;][vc_btn title=&#8221;Limited Liability Company&#8221; color=&#8221;vista-blue&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablishing-your-program%2Flimited-liability-company-llc%2F|||&#8221;][vc_btn title=&#8221;Self Assessment: Business Basics&#8221; color=&#8221;chino&#8221; size=&#8221;lg&#8221; link=&#8221;url:https%3A%2F%2Fwww.chcfinc.org%2Fclearinghouse%2Festablish-your-program%2Fbusiness-basics%2Fself-assessment-business-basics%2F|||&#8221;][\/vc_column][\/vc_row][vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221;][vc_column][vc_column_text]<\/p>\n<h2>RESOURCE LINKS<\/h2>\n<p>[\/vc_column_text][vc_separator color=&#8221;#eaeaea&#8221; type=&#8221;normal&#8221; thickness=&#8221;1&#8243; up=&#8221;&#8221; down=&#8221;&#8221;][\/vc_column][\/vc_row][vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221;][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;70771&#8243; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;http:\/\/www.sba.gov\/&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;70770&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;https:\/\/www.irs.gov\/Businesses\/Small-Businesses-&amp;-Self-Employed&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;70772&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;http:\/\/www.nyc.gov\/html\/sbs\/html\/home\/home.shtml&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;70773&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;http:\/\/www.ny.gov\/services\/business&#8221;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221;][vc_column][vc_column_text]Once a childcare provider establishes a new business, the next step is to get the business basics in order, which is critical to success. After determining if he\/she is are ready to establish a family childcare program in the home, the first steps should be to: Determine the business (legal) structure of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":71859,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-71865","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P6XtFU-iH7","_links":{"self":[{"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/pages\/71865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/comments?post=71865"}],"version-history":[{"count":16,"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/pages\/71865\/revisions"}],"predecessor-version":[{"id":72907,"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/pages\/71865\/revisions\/72907"}],"up":[{"embeddable":true,"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/pages\/71859"}],"wp:attachment":[{"href":"https:\/\/www.chcfinc.org\/clearinghouse\/wp-json\/wp\/v2\/media?parent=71865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}