Start Your Business

Starting a business can be challenging. Being prepared and well informed can help. Explore these six steps to learn what it takes to make your business dream a reality.

1

Business Planning

Don’t just wing it – create a game plan. Writing out business goals and action steps helps to clarify your mission and gives potential investors a clear vision of your roadmap to profitability.

2

Financial Planning

Once you’ve developed your business plan, you should have a clear understanding of the amount of money (or capital) you need to start and run your business. If you need to raise or borrow money, there are several options.

3

Find a Location

Where should you operate your business? That all depends on your business types and needs. Choose between home-based, commercial, or retail.

4

Register your business

Choosing the legal structure that best suits your business type is a top priority. All businesses – even small ones – must be registered with the city in which they operate, and often with the state and federal governments as well.

5

Choose a name

Once you’ve picked the perfect business name, the next step is to make it legal by filing a fictitious business name (FBN) with your local county clerk.

6

Permits & License

Research and plan for any required permits and license requirements that will be required for your specific business.