Starting a business is exciting — but forming it the right way is critical to protect your assets, lower your tax burden, and position your company for long-term success.
At Fingerscan Digital Inc, we provide expert business formation services and LLC formation help to guide you through every step — from name search to tax setup.
Step 1: Choose a Business Name
Before you register anything, decide on a name that reflects your brand, is available in your state, and ideally has a matching website domain. You’ll need to:
- Search for name availability on your state’s business portal
- Make sure the name isn’t already registered or trademarked
- Consider future branding and marketing
Step 2: Choose the Right Business Entity
Choosing your legal structure is the most important part of business formation. Here’s a breakdown:
🔹 Sole Proprietorship
- Easiest to start — but no asset protection
- Owner is personally liable for business debts
- Not ideal for growth or hiring employees
🔹 General Partnership
- Like a sole prop, but shared between two or more people
- Still no liability protection
- Can lead to personal legal exposure
If you want to protect your assets, partnerships and sole props aren’t enough.
Best Entity Options for Asset Protection and Tax Planning:
| Entity Type | Key Benefits |
|---|---|
| LLC (Single-Member) | Simple, protects personal assets, pass-through taxation |
| LLC (Multi-Member as Partnership) | Shared ownership, protection + partnership flexibility |
| LLC Treated as S-Corp | Tax-saving potential for profitable businesses |
| C-Corporation | Formal structure, good for raising capital, double-taxed unless structured properly |
Need help choosing between an LLC and S-Corp? We can help you decide what’s best based on your income, industry, and tax goals.
Step 3: Register the Company
Once you choose your name and entity type, follow these steps:
- Search your business name on the Secretary of State website
- File Articles of Organization (LLC) or Articles of Incorporation (Corp)
- File a Fictitious Business Name (DBA) if needed
- Apply for a City Business License
- Get your EIN (Employer Identification Number) from the IRS
Step 4: Set Up Bookkeeping and Tax Tracking
Once your business is official, the next step is setting up your financial system:
- Use a bookkeeping software like QuickBooks, Wave, or Zoho Books
- Track all income and expenses — even if you’re not profitable yet
- Separate business and personal bank accounts
- Keep receipts and invoices organized for tax filing
Why Work with Business Formation Professionals?
While it’s possible to start a business on your own, most entrepreneurs benefit from professional LLC setup help or business formation assistance to avoid costly mistakes.
At Fingerscan Digital, we offer:
- LLC formation services
- Corporation formation
- Business license filing
- Tax ID (EIN) setup
- Tax planning for your new company
- Ongoing bookkeeping and tax support
We’ve helped clients with:
- Starting an LLC
- Creating an LLC
- Registering a limited liability company
- Forming an LLC in California
- Business formation near me
Certified by the State of California to Provide Tax Filing
We are a CTEC-registered tax preparer, legally certified to help businesses and individuals with:
- Income tax filing
- Business tax planning
- Quarterly estimated tax calculations
- Choosing the right entity based on your income and deductions
🔗 Verify our CTEC certification here:
👉 https://preparer.ctec.org/PreparerFindVerify/SearchPreparersResults
Start Your Business the Right Way – With Fingerscan Digital
Don’t guess your way through business setup. Let a trusted local expert guide you from paperwork to tax strategy.
Fingerscan Digital Inc
434 Blossom Hill Rd, San Jose, CA 95123
📞 Call: 408-766-3532
🌐 https://bayarealivescanandmore.com
Need help forming an LLC or planning your tax structure? Contact us today for personalized business formation support.