Foundation
Exit Zoom01 / 07
The Right Entity
Checklist
- Tax Hive architects the entity + tax election (LLC, S-Corp, C-Corp) to match funding and exit goals
- Open Tax Hive bookkeeping from day one — clean books = lender readiness
- File or update EIN with the correct responsible party
- Use a real business address — no PO boxes, no residential
- Select a fundable NAICS code (avoid restricted industries)
- Document ownership clearly (operating agreement, cap table)
- Register with the Secretary of State and stay in good standing
Most owners are operating under the wrong structure for what banks, bureaus, and lenders want to see. We bring in Tax Hive right at the entity-construction stage to architect it correctly — entity type + tax election, EIN posture, operating address, NAICS code, and ownership documentation. Clean books from day one = lender readiness from day one, so every future application (and every future tax return) starts on a yes.