This document provides information about resources for starting a business in Guilford County, North Carolina. It outlines the key local organizations that can assist entrepreneurs, including the Greensboro and High Point Chambers of Commerce. Requirements for obtaining licenses and permits from the city and county are presented. Finally, the document advertises free legal counseling services through Elon Law's small business clinic and counseling available at Guilford Technical Community College's Small Business Center.
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Fast Facts on Starting a Business in Guilford County!
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3. Welcome to Fast Facts on Starting a
Business in Guilford County
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• Please Ask Questions
• Please complete
registration forms
• Introduce Yourself
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4. WHERE DO YOU GO?
The BIG organizations in Town
Chamber of Commerce
Guilford Merchant’s Association
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GREENSBORO CHAMBER
http://greensboropartnership.org
Site now directs to
Follow on Twitter
@GSOChamber
8. BUSINESS LINK NORTH CAROLINA
BLNC.org
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Follow on Twitter
@BL_NC
9. PLANNING CHECKLIST
Business To Do’s
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1. Create a business plan
2. Decide on your business structure
and register your business name
3. Get license requirements
4. Obtain the necessary tax information
5. Identify sources of financing
6. Learn about employer reporting requirements and
responsibilities
10. LOCAL REQUIREMENTS & RESOURCES
Get Your Business License
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Greensboro
300 W. Washington St
336-373-2501
High Point
211 S. Hamilton St
336-883-3205
11. LOCAL REQUIREMENTS & RESOURCES
Privilege License Fees & Penalties
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Depending on type of business, the privilege license tax may
range from a flat rate of $2.50 to a maximum of $2,500 per year,
per business classification.
• Retail
• Wholesale
• Manufacturing and Service Businesses
Calculated based on Gross Annual Sales
12. COUNTY REQUIREMENTS
Business To Do’s
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1.Check resources
2.Assumed Name
3.Food Service
4.NC Restaurant & Lodging Follow on Twitter
@GuilfordCounty
13. ASSUMED NAMES
Resources & Fees
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The filer is responsible for researching the name for availability in
Guilford County.
To obtain a Certificate of Assumed Name form, visit the Business
Link NC website at. The form that you select must
be completed in http://www.blnc.gov.
Submit the completed form to the Register of Deeds office for
recordation. The recording fee per NCGS 161-10 is $26.00 for the
first 15 pages, $4.00 for each additional page thereafter.
14. GET AN EIN NUMBER
Employer Identification Number
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Call 267-941-1099 Monday through Friday 7:00a.m. to 10:00p.m EST
No need to file a Form SS-4!
We ask you the questions and you give us the answer.
After all validations are done you will get your
EIN immediately upon completion. You can then
download, save, and print your EIN confirmation.
Purpose of an Employer Identification Number
Employer Identification Numbers are issued for the purpose of tax
administration and are not intended for participation in any other
activities.
15. ELON LAW CLINIC
Small Business & Entrepreneurial Clinic
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1. General legal counseling
2. Choice of entity advising
3. Organizational document drafting and review
4. N.C. Secretary of State compliance
5. Contract review and drafting
6. Employment and H.R. advising
7. Regulatory compliance
8. Financing documentation
9. Dealing with issues of professional responsibility which
arise in the course of solving clients' problems.
16. ELON LAW CLINIC
Small Business & Entrepreneurial Clinic
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Email: BusinessClinic@elon.edu.
Faculty: Prof. John Flynn
jflynn4@elon.edu or (336) 279-9265
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GTCC SMALL BUSINESS CENTER
Visit Guilford County
Small Business Center at
http://bit.ly/gtccsmallbiz
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GTCC
Small Business Center
1451 S. Elm Eugene Street Greensboro, NC 27406
To Request Counseling (free counseling)
www.ncsbc.net/center.aspx?center=75230
Mark Hagenbuch
336.334.4822 x 62003
DarLinda Finch
336.334.4822 x 62001
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