BSG

BSG "steps to start your business
Starting a business involves planning, making key financial decisions, and completing a series of legal activities.

Scroll down to learn about each step."

10Open a business bank accountA small business checking account can help you handle legal, tax, and day-to-day issues. T...
18/12/2021

10
Open a business bank account
A small business checking account can help you handle legal, tax, and day-to-day issues. The good news is it’s easy to set one up if you have the right registrations and paperwork ready.

9Apply for licenses and permitsKeep your business running smoothly by staying legally compliant. The licenses and permit...
18/12/2021

9
Apply for licenses and permits
Keep your business running smoothly by staying legally compliant. The licenses and permits you need for your business will vary by industry, state, location, and other factors.

8Get federal and state tax IDsYou’ll use your employer identification number (EIN) for important steps to start and grow...
18/12/2021

8
Get federal and state tax IDs
You’ll use your employer identification number (EIN) for important steps to start and grow your business, like opening a bank account and paying taxes. It’s like a social security number for your business. Some — but not all — states require you to get a tax ID as well.

7Register your businessOnce you’ve picked the perfect business name, it’s time to make it legal and protect your brand. ...
18/12/2021

7
Register your business
Once you’ve picked the perfect business name, it’s time to make it legal and protect your brand. If you’re doing business under a name different than your own, you’ll need to register with the federal government, and maybe your state government, too.

6Choose your business nameIt’s not easy to pick the perfect name. You’ll want one that reflects your brand and captures ...
18/12/2021

6
Choose your business name
It’s not easy to pick the perfect name. You’ll want one that reflects your brand and captures your spirit. You’ll also want to make sure your business name isn’t already being used by someone else.

5Choose a business structureThe legal structure you choose for your business will impact your business registration requ...
18/12/2021

5
Choose a business structure
The legal structure you choose for your business will impact your business registration requirements, how much you pay in taxes, and your personal liability.

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