Wanna start your own business? It’s as simple as Four steps 1) 2) 3) 4) fictitious name statement – county recorders office (405 & 105) open bank account publish fictitious name in for four consecutive weeks resale number at county board of equalization - 342.1000 - www.boe.ca.gov - 5901 green valley circle culver city, 90230 congratulations. you are now legit. But beware, you are a sole proprietor. That makes you prey – if you’re sued, they can take all your personal assets, not just business. Talk to your lawyer. And, while you’re at it, call your accountant.