Starting a Business 50+ Entrepreneurs Veterans Women ARTICLE 10 Steps to Starting a Business 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. Step 7: Get a Tax Identification Number Learn which tax identification number youll 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: Understand Employer Responsibilities Learn the legal steps you need to take to hire employees. 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. Environmentally-Friendly Green Business Home-Based Business Online Business Self Employment Minority Owned Business Veteran Owned Business Woman Owned Business 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. Related About SBA Articles: Recent Blogs About Starting a Business: Learn, Develop, Grow – Free Online and Offline Small Business Training Opportunities When to Get Small Business Advice from the Pros Boots to Business: Helping Veterans Become America’s Future Business Leaders Small Business, Big Impact: Celebrating Our Country and Small Businesses MORE Aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns. Customer Service About SBA Contact SBA Contacto (en español) Media and Press Relations SBA Locations SBA Team About SBA.gov Site Map Privacy Policy Linking Policy Accessibility Disclaimers Social Media Data Store SBA Information Freedom of Information Act No Fear Act Report Fraud, Waste and Abuse Initiatives Plain Language SBA Performance Strategic Planning Performance and Budget Open Government Policy and Regulations Eliminating Fraud, Waste and Abuse Advocacy & Oversight Inspector General Advocacy Hearings and Appeals Ombudsman Tools and Features Online Training Create a Business Plan Find Events Qualify for Government Contracts Analyze Your Business WhiteHouse.gov USA.gov Regulations.gov BusinessUSA.gov SBA.gov » Starting & Managing a Business » Starting a Business » Thinking About Starting a Business? » 10 Steps to Starting a Business In Partnership with Business USA Sign up for e-mail updates. Contact SBA Contacto (en español) Newsroom Community For Lenders Email Updates Blogs Thinking About Starting a Business? Is Entrepreneurship For You? 20 Questions Before Starting 10 Steps to Starting a Business Understand Your Market Business Data & Statistics Business Types Find a Mentor or Counselor Ask Questions About Starting a Business Create Your Business Plan Choose Your Business Structure Choose & Register Your Business Obtain Business Licenses & Permits Learn About Business Law & Regulations Finance Your Business Explore Loans, Grants & Funding Filing & Paying Taxes Choose Your Location & Equipment Hire & Retain Employees
Posted on: Sun, 02 Nov 2014 19:12:23 +0000
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