Starting a
business involves planning, making key financial decisions and completing a
series of legal activities. These 10 easy steps can help you plan, prepare and
manage your business. Click on the links to learn more.
Step 1: Write a
Business Plan
Use these tools
and resources to create a business plan. This written guide will help you map
out how you will start and run your business successfully.
Step 2: Get Business
Assistance and Training
Take advantage
of free training and counseling services, from preparing a business plan and
securing financing, to expanding or relocating a business.
Step 3: Choose a
Business Location
Get advice on
how to select a customer-friendly location and comply with zoning laws.
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 which
form of ownership is best for you: sole proprietorship, partnership, Limited
Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.
Step 6: Register a
Business Name ("Doing Business As")
Register your
business name with your state government.
Learn which tax
identification number you'll need to obtain from the IRS and your state revenue
agency.
Step 7: Register for
State and Local Taxes
Register with
your state to obtain a tax identification number, workers' compensation,
unemployment and disability insurance.
Step 8: Obtain
Business Licenses and Permits
Get a list of
federal, state and local licenses and permits required for your business.
Step 9: Understand
Employer Responsibilities
Learn the legal
steps you need to take to hire employees.
Step 10: Find Local
Assistance
Contact your
local SBA office to learn more about how SBA can help.
Startup
Resources
There are a
number of available
programs to
assist startups, micro businesses, and underserved or disadvantaged groups. The
following resources provide information to help specialized audiences start
their own businesses.
You can save money when starting or expanding your
business by using government surplus. From commercial real estate and
cars, to furniture, computers and office equipment, find what you need for your
business in one place.
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