A business owner does not need to reserve a corporate name before filing Articles of Incorporation in Oklahoma. If they decide to do so anyway, they can submit a name reservation application to the office of the Oklahoma Secretary of State.

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In Louisiana, business owners and business partners can operate under a fictitious name filing, also known as “Doing Business As” or a DBA. Using such a fictitious name filing, an employer can name the business. And they can operate it under a name different from the owner’s full legal name, the names of business partners, or the name under which the business is officially registered. It is not necessary for a sole proprietor to register a DBA with the state.

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In addition to registering with the county clerk, domestic corporations will also need to register fictitious names with the Arkansas Secretary of State. Check a state database of Arkansas companies online at the Arkansas Secretary of State website.

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In Texas, if the business will operate as a sole proprietorship or a general partnership, then an Assumed Name Certificate or DBA for each name the business will use must be on file with the county clerk. And this is for each county where a business location will be maintained. All limited partnerships, registered limited liability partnerships, limited liability companies, corporations, professional corporations, nonprofit corporations, and also professional associations must register with the Secretary of State.

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The Show Me State has strong economic growth and low filing fees. It has a modest median wage and a decent unemployment rate. Hence an entrepreneur should be able to hire, and at a decent rate. The low cost of living is a factor in its favor.

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Fit Small Business praises Mississippi for the lowest cost of living in the nation. But apart from a middle of the road tax level, everything else is below par. In particular, the costs of starting a business, quality of life, and labor market are in the bottom ten. Labor market is a measure of the desirability of an area, along with the number of people with bachelor’s degrees.

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If superlative characteristics are important to a business, then the business really has but one choice, and that’s to raise the high end of the salary range.

But they would likely have to do that anyway.

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The federal government is working to offer business owners unique recession business funding opportunities for these unique times during the coronavirus pandemic. Some states are following suit. Do you know what’s available to you at both the federal and the state level?

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There are many steps to starting a business.  It is important to start on a firm foundation. Then, when the twists and turns come, you can be safely secured in your seat.  That means ensuring you have a name and EIN, and all the licenses and registrations necessary at each level of government. Also, make sure that you are legally incorporated.  

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CBS News named Chattanooga and Knoxville as two of the cheapest cities to start a new business in, for the whole country.

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