If you are thinking of starting a business, and not sure were to start. Below is a quick “Small Business Start-up Checklist” you may be useful.
1 Research the viability of your idea
2 Secure any needed operating funds. This could be from your savings or loans.
3 Chose the location of your office. If working from home, I suggest dedicating a specific area.
4 Determine the legal structure of your business. Will you operate as a Sole Proprietor, Partnership, Corporation or LLC
5 Register your business name. Usually with your local county business license office.
6 Get you Tax Identification Number (EIN) from the IRS & determine if you are required to register for state & local tax collection. Your State Department of Revenue & Sale Tax Office.
7 Obtain any needed Permits & Business Licenses. Usually from the county business license office.
8 Hire any needed employees and experts- lawyer, accountant, bookkeeper, for example.
9 Begin operating your business!
Do you have any other suggestions for establishing a new business? Please share.