Start a Business

Are you looking to become an entrepreneur and start your own business? Here are a few initial steps to take before making that leap and investment or schedule an appointment with us today to talk through these steps and the resources it takes to start a successful business.

10 Steps to Starting a Business (Resource Small Business Administration, www.sba.gov)

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.

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.

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Get advice on how to select a customer friendly location and comply with zoning laws.

Find government backed loans, venture capital and research grants to help you get started.

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit, or cooperative.

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.

Register with your state to obtain a tax identification number, workers’ compensation, unemployment and disability insurance.

Get a list of federal, state, and local licenses and permits required for your business.

Learn the legal steps you need to take to hire employees.

Contact your local SBA office to learn more about how SBA can help.

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