Owning a business is the dream of many Americans...
starting that business converts your dream into reality. But
there is a gap between your dream and reality that
can only be filled with careful planning. As a business
owner, you will need a plan to maintain complete records of
sales, income and expenses, accounts payable, accounts
receivable and payroll.
According to The U.S. Small Business Administration - There are 10 steps to starting a business. Starting and owning your own business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan , prepare and mange 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
Provide customizeable 1-on-1 or group training based on your needs...