How To Start a Business, The Basics

Business & Financial Solutions is the only stop that you need to make in getting your new company up and running. So should be your next destination if you have a business idea.

If you want to start a business it requires working with both the state and your local governments.  In fact, our accountants and consultants will assist in coordinating your efforts. In other words, we can make your business start-up effortless and seamless.

Get Ready  

• Determine your type of business entity (Corporation, Limited Liability Company, etc.)
• Already have a business name in mind? If not choosing a name should be reflective of the services offered. This will be helpful in your marketing materials and search engine optimization.
• Understand State licensing and permitting.

Form an Entity

• File formation document.
• Get your Federal Tax ID.
• Register as a Sales Tax Vendor.
• Find and Apply for Licenses

Insurance

• Know what you need and be prepared.  All employers pay workers comp and unemployment insurance, both available through the state or private insurance carriers.  Sensible liability insurance will need to be established.

Get Support

• Find access to financing, available tax incentives, do market research, and study the competition. This will require a strong business plan.

Connect

• Tap into local networks of business, marketing, and manufacturing experts and get the advice you need.

Start a Business

These are the basics of starting any new business. Business & Financial Solutions can also assist in more complicated setups, such as 501(c) (3) non-profit organizations, MBWE certifications, SBA 8(a) certification, MWBE, and other minority-owned business development programs.