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Starting a business involves planning, making key financial decisions and completing a series of legal activities Step 1: Writing a Business Plan This written guide will help you map out how you will start and run your business successfully. Go to , or for instructions on how to write a business plan and sample business plans. 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. Go to and enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a volunteer SCORE mentor. They will guide you through the process and you can meet with them as many times as you need. Step 3: Choose a Business Location Get advice from a commercial real estate agent and a SCORE mentor 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. Any bank will require a business plan that shows that you can pay back the loan. You should have a credit score of at least 700. You will personally have to put up 30% of the funds as no bank is going to assume all of the risk. If you cannot get a loan, look at peer to peer lending sites such as and 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. If you decide to become an LLC, you can do it yourself by going to your state's website and then to the Secretary of the State section. There you will find a downloadable form. Fill it out and mail it in, together with the filing fee and in about a week, you will be an LLC. Step 6: Register a Business Name ("Doing Business As") Register your business name with your state government. Go to your state's website and then to the Secretary of the State section. Step 7: Get a Tax Identification Number Learn which tax identification number you'll 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. Your local Chamber of Commerce and SCORE mentor can help. Step 10: Understand Employer Responsibilities Learn the legal steps you need to take to hire employees. Step 11: Understand your environmental, health and safety obligations. Ensure that your business meets EHS (environmental, health and safety) regulations.
First, congratulations on your desire to start a business as it can really change your life for the better. Next, slow down! I know that seems silly but I see so many people get into trouble because they are in such a hurry they overlook some extremely important points to cover. Have you done any testing to find out if there is a market for this in your area? Have you decided how you will set the business up in order to protect yourself (this is extremely important and getting more so everyday). Have you planned out how you will fund this, how you will get business, how you will market, how much it costs to do the deliveries, how much profit you will make, etc? Lots of questions, I know but it is cheap to ask the questions now rather than try to pay down the road. I have successfully started over 24 different businesses and helped one company get to over $1 billion in sales so please take what I am saying seriously. You have a great future so think through what you will need to do. Also, I lived in pennsylvania for many years and owned businesses there as well. Do yourself a huge favor and go to www.getaninstantraise.com and download the free information there. It will help you to walk through some of this. Also, go to YouTube and go to Empower Media, LLC and scroll down till you see an icon of a little guy with money around him/her and check out the free videos at the bottom. There is a ton of information there to help you. You can also go to Facebook and go to Empower Media LLC for faster access to the videos, they are on our Facebook page with a ton more FREE information. You can also go to www.howtostartyourbusinessright.com for information. This information will help you tremendously, I wish I had it when I started over 30 years ago. I hope this helps!
1. Today you can start a business part-time or full-time, at home or online, the key is to choose a business model that fits for you. 2. Starting a business is an interesting proposition, but business plan is an essential road map for business success. The sources in this area will help you understand about what’s your actually needs to start any business. Writing your own strategic plan is a big task, but it is manageable. Business Plan is important for obtaining financing to choosing workers who plan for expansion and can be your guide to keeping your company on track. Your Business plan can keep you targeted on your objectives and keep you continue when experienced with hurdles. Never hesitate to consult with business expert or support service provider ( to make strategy for your business. 3. Choosing the best one business structure depends on the specific needs you and your business have. 4. Funding or financing is the critical you should know this which way of funding is just right for you. Find an intelligent resource which does funding in a fast track improvement process that results in long term financial and commercial viability and success. 5. Find great people for your business, you should have ability to understand the power of person. 6. Making Brand is important for any business. Brand is not just logo or name, it tells who you are and how you different from your competitor. 7. And at last you have to take or learn legal steps for your business. "
Step 1: Obtain a business license from your local city hall Step 2: Purchase commercial general liability and commercial automobile insurance to cover your business - This is critical. Your personal automobile policy will deny claims involving driving for commercial purposes Step 3: Find clients Step 4: Make money
Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t's and dot all your i's before your business launch. Steps to Starting a Business - sites you might find helpful are: SBA - - Business Resource - Business Link - Goodluck!