10 Steps to Starting a Business

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.

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. Contact your local SBDC office for personal guidance and assistance. 

3: Choose a Business Location

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

4: Finance Your Business

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

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.

6: Register a Business Name - "Doing Business As"

Register your business name with your state government.

7: Get a Federal Tax ID Number

Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

8: Register for State and Local Taxes

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

9: Obtain Business Licenses and Permits

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

10: Understand Employee Responsibilities

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

To learn more about starting a business, check the SBA.gov website.