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10 Steps To Start A Business |
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10 Steps to Starting a Business Starting
A business involves making key financial decisions and completing a series of legal activities. This guide provides information to help you plan, prepare, and manage your business.
Step 1: Research and Plan Your Business Get resources to help you prepare your business plan and become a successful business owner.
Step 2: Get Business Assistance and Training Take advantage of free training and counseling services, from preparing a business plan to getting financing, and help expanding and relocating a business
Step 3: Choose a Business Location
Step 4: Finance Your Business Find government backed loans, venture capital and research grants to help you get started.
Step 5: Determine the Legal Structure of Your Business Decide whether you are going to form a sole proprietorship, partnership, LLC, corporation, non-profit or cooperative. (click here)
Step 6: Register a Business Name ("Doing Business As") Register your business name with your state government.
Step 7: Get a Tax Identification Number Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.
Step 8: Register for State and Local Taxes Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.
Step 9: Obtain Business Licenses and Permits Get a list of federal, state and local licenses and permits required for your business.
Step 10: Employer Responsibilities Learn the legal steps you need to take to hire employees.
If you don't have the time to build your business profile yourself, why not consider letting us do it for you or letting us assist you. Find out how click here.
You can also access the more detailed version by selecting the "Extended" steps link above.
GOOD LUCK!
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