How To Start An Arise IBO

If you have not already, you will first be required to sign up for an Arise Profile at the Arise Virtual Solutions Website.

Once completed, if you would like to start an Arise IBO and have other Arise CSPs join your company so you can provide them support and earn revenue when they service, follow these recommendations from successful Arise IBOs.

Incorporating

Arise requires you to be an incorporated entity (LLC or C Corp) if you would like to recruit other Arise CSPs to service under your company name. The good thing about being an Arise IBO is that you can reside in any State. The restriction on States only applies to the CSPs who service a client.

Arise requires companies using their platform to be a valid and existing company, duly organized under the laws of the state or jurisdiction of its incorporation, and in good standing.

Note: Arise does not accept corporations that are partnerships or not-for-profit companies.

IRS Employee Identification Number (FEIN)

Additionally, Arise requires your company to have a Federal Employment Identification Number (FEIN) issued by the Internal Revenue Service.

You can apply for an EIN from the IRS online at: IRS EIN Apply

Company Bank Account

Individual Bank accounts are not allowed. Arise requires that you set up a business bank account in the name of your company. Research various banks and reach out to an accountant or professional if you require assistance.

Company Planning

Plan your company operations before taking on CSPs. Decide how you would like to collect fees: flat rate, percentage per pay period, or a certain amount per hour/interval. Having this ready before recruiting prevents confusion and allows you to run your business with ease.

Accounting

You will need a system to track revenue, spending, profits, and to calculate pay for each CSP. Most Arise IBOs use an accounting service to handle these tasks. Others use programs like Excel to create custom calculations for fees and tax tracking.

Independent Contractor Agreement

It is highly recommended to have an Independent Contractor Agreement (ICA) created so your CSPs can agree to your company terms. This protects you and your business. Many IBOs now use online electronic signature services to quickly and legally handle these signings.

Optional Recommended Steps

Creating a domain name and web hosting service provides a professional place for CSPs to find information about your IBO. It also gives you a dedicated professional email address.

In addition to your own site, it is vital to list your Arise IBO here at IBO Compare. We provide you a dedicated page and place you on our comparison charts where thousands of searching CSPs can find you.

Advertise and List Your IBO Here