BUSINESS START-UP

10 STEP PROCESS

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.

1. Write a Strategic Business Plan

Use these tools and resources to create a business plan. Make your business successful.

2. Get Business Assistance and Training

Take advantage of free training and counseling services available which will assist you.

3. Choose a Business Location

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

4. Start Financing Your Business

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

5. Determine the Business Structure

Consider your options. Decide which form of ownership is best for you and your business.

6. Register Your Business Name

Register your business name with your state government. Obtain your tax identification number.

7. Register for State and Local Taxes

Register with your state to obtain a tax identification number for state and local taxes.

8. Obtain Business Licenses and Permits

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

9. Understand Employer Responsibilities

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

10. Search for Local Assistance

Contact your local SBA office to learn more. Available Sites and Buildings!