Also keep in mind that most businesses need licenses and/or permits to operate—in your city, municipality, county and/or state.6.
Insure your business and investigate other requirements.
Of course, incorporating your business or forming an LLC with the state is important because it protects your personal assets from business debts and liabilities.
A federal tax identification number, or employer identification number (EIN), acts like a social security number and is required for corporations and LLCs that will have employees.
Contact your state's taxation department to learn if a state tax identification number is required in your state.
In an addendum at the end of the FAQ, Whats App further notes: “Business verification and confirmation don’t indicate an endorsement by Whats App” — suggesting it’s trying to steer clear of the sorts of problems Twitter has encountered with its own checkmark badge verification process for Twitter accounts which ran into controversy after users accused the company of effectively endorsing neo-nazis.
Last month Twitter responded to the backlash by changing its verification rules and starting to remove blue checkmarks from white supremacists.
Nor whether this top tier will be reserved for business accounts that are paying a fee to use Whats App’s tools.
The messaging giant has long trailed that business accounts are incoming, as Facebook seeks to switch on monetization without out-and-out injecting ads into a platform whose founders vowed they never would.
As you search for an accountant and attorney, get referrals from friends or family, and look for professionals who have worked with other small business owners or companies in your specific industry.5.
Get necessary tax identification numbers, licenses and permits.
Finally there’s verified — which will be badged with a green checkmark, as we’ve previously reported.
“Whats App has verified that an authentic brand owns this account,” is what the company says of this, though it’s not clear exactly what this extra verification stage involves.
incoming business accounts will function: According to a FAQ for users of the messaging platform — on “Chatting with businesses” — they will either have one of three status types: unconfirmed, confirmed or verified.