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Start Your Business

Get Expert Business Advice to Bring Your Vision to Life

  • Business Licenses & Permits

  • LLC Formation

  • Employer Identification Number (EIN) 

  • Virtual & Commercial Office Solutions

  • Brand Trademarking

  • Smart Business Structuring

  • Business Banking

Easy LLC Formation

Get hassle free services and expert support to form your Limited Liability Company (LLC) accurately and on time. All forms are completed and filed in your state of incorporation.

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Avoid Mistakes

Every new business owner faces obstacles that require assistance. BloomWell is here to assist you in avoiding common mistakes when starting a new business. Get the peace of mind knowing you're not alone. 

Get a Business Mentor

If you are feeling overwhelmed with the details and demands of running a successful business, our business experts are here to guide and coach you on everything from forming coming up with a company name  to finding free business resources.

Business Identity Set-up

Business Identity Setup

  • LLC Formation

  • Business License and Permits

  • Business name reservation with your State of Incorporation

  • Nationwide Registered Agent & Corporate Compliance Services with portal access to manage compliance & monitor business entity

  • Employers Identification Number (EIN) with the IRS

  • Principal business address set up with a Virtual Office

  • Business Banking

  • Business Plan Writing

Brand Trademarking

  • Trademark Registration Application with the United States Patent and Trademark Office

  • Researching the USPTO database to determine whether anyone is already claiming trademark rights in wording/design that is similar and used on related goods/services.

  • Process monitoring of your application status through the Trademark Status and Document Retrieval (TSDR) system, to follow up on filing deadlines.

Brand Trademarking

Start-Up Business

FREQUENCLY ASKED QUESTIONS

What are the biggest mistakes made by start-up businesses?

  • Starting with not enough funds to cover basic overhead costs for supplies and a work space

  • Believing that success will come quickly. It can take years for most. 

  • Budgeting is not done properly

  • No emphasis on the quality of the product or service.

  • Underappreciating the significance of sales and marketing

  • Inability to adjust to the competitive landscape

  • Ignoring legal and contractual issues

  • Hiring the wrong people

  • Mispricing a product or service

What permits, licenses, or registrations do I need for my business?

Depending on the nature of the business, the following permits, licenses, or regulations may be required:

  • Permits needed for regulated businesses (e.g. for alcohol) 

  • Sales tax license or permit

  • City and county business permits or licenses

  • Zoning permit

  • Sellers permit

  • Health department permits (e.g., for restaurants)

  • Federal and State tax/employer IDs

 

Do I need a Business Plan?

Absolutely. A business plan properly describes your business, explains your objectives, and acts as a road map to success. The fundamental components include an overview of your idea, marketing strategy, and financial predictions such as a balance sheet, income statement, and cash flow analysis. A comprehensive business plan is an essential component of any loan package since it gives clear and structured information about your firm and how you intend to repay borrowed funds. So if you are looking for investors or financing, a business plan is essential. 

What's the difference between a Corporation and LLC?

Both protect individuals so they are not solely liable for business obligations or debts. Corporations are owned by shareholders, and a Board of Directors. Their ownership is split into shares, which are units of stock. They require formal record-keeping. Members own LLCs, and their ownership is divided into membership interests. They are easier to create and run because official record keeping is not required beyond the scope of what is needed to file taxes.

How much money do I need to start a business?

While every type of business has its own financial needs, experts estimate that a small business can start with as little as $2000 or less, depending on initial overhead costs for supplies and a space to operate out of. Home-based businesses can start with much less since a large portion of overhead is the cost of renting a work space.  BloomWell can help you find budget friendly ways to get your business started without breaking the bank. Download your Free Start-Up Capital Calculator 

How do I come up with a great name for my business?

Coming up with the "Just Right" name can be challenging to do, so take take your time on making a final decision..

  1. Come up with several potential names. Keep it simple to spell and unique, but not so illogical that no one will know what you do.

  2. Perform a Google search to check what is already taken.

  3. Check for the availability of a domain name (such as www.godaddy.com). 

  4. Check for social medial availability on your desired platforms. 

Need More Answers?

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