With your fancy new EIN, you can register your company name with your state and local governments. Whatever works for your business, we’ve got the resources to help you get started: When you create a website, you have to pay someone to host it on the internet. Create a business plan and timeline 3. That means choosing a name, deciding on a location, and creating a business plan. You operate as a corporation or partnership. This list will guide you through the early stages of your business. But that’s not your only option. But a home-based business carries some potential risks and drawbacks, such as extra distractions or a lack of human interaction. Incfile can help you create your start-up by handling the paperwork and registration process for you. Find out which workers compensation companies provide the best protection for on-the-job injuries and illnesses. Well, ISPs usually pack more bandwidth, more services, and more security into their business plans, which raises the price. You can use different trademark names than what you use to register for DBA. But how should you sort through the thousands of available options? But if your customers live in a wider geographical area, you could operate without a physical storefront, provided you have space to create your products or services. The IRS says to get an EIN if any of the following apply: To get an EIN, complete and submit an application with the IRS. You’ll likely need a federal Employer Identification Number (EIN) to do business no matter where you’re located. A good business … LegalZoom simplifies start-up registration and helps you get your federal tax ID quickly—no matter your business type. Make sure you have the right structure, financial plan, services, and protection for your business to keep customers happy and the money flowing. Working from home is an appealing option for many small-business owners. Register business … Stay updated on the latest products and services anytime anywhere. Here’s an outline with descriptions of a business plan’s key parts: That may sound like a lot, but don’t think that your business plan needs to be dozens of pages. Whether you’re a new entrepreneur or a business veteran, use our start a business checklist to bring your ideas to life. Starting your own business may sound like an undertaking of epic proportions. For information regarding state-level requirements for starting a business, please refer to your state's website. This starting a business checklist includes the most important tasks to get you started. Registering a trademark with the United States Patent and Trademark Office provides federal protection for your business against those who may try to steal or threaten your brand identity. This ties your business name to you as the owner and may be required if you’re structured as a sole proprietor or corporation. Still, you should be able to find a business internet plan that fits both your start-up needs and budget. To apply for a business account, you usually need your EIN, business creation and ownership docs, and any licenses or permits required by the government. Order business checks* with the name imprinted; Order inventory; Purchase needed equipment and supplies; Order signage; Order fixtures In addition, if you bought your business, you may have to pay additional taxes—and you may also be eligible for tax credits. Keep it short, concise, and readable for your audience. Following a plan—like this checklist—can make your entrepreneurial process easier and more successful. Browse hundreds of loan options, custom-tailored to your business and budget needs, from a single, simple platform. Starting a business takes commitment, patience, and hard work. For an easy-to-follow approach to writing a business plan, we like the basic framework laid out by the U.S. Small Business Administration. Write a detailed business plan Your domain name can be anything you’d like, but—as with your business name—it should be short and easy to remember. For offices that need multiple lines, you can get traditional phone, digital voice, or Voice over Internet Protocol (VoIP) services—or a combination. Each state has additional requirements for starting and operating a business. Our affiliate compensation allows us to maintain an ad-free website and provide a free service to our readers. We’ll get into the details of registering and protecting your business name in the next section. The next steps are to register your small-business start-up with the government, officially define your structure, and protect your business by reserving the name online. By signing up I agree to the Terms of Use. Choose business structure 5. These are just a few: Pay attention to any special rates or services that banks offer to businesses. If your brilliant business idea needs tons of cash to start up, you may need to ask investors to pitch in for your fledgling organization. Business insurance protects your personal assets if your business structure leaves them at risk. You’re eligible for an EIN as long as the person who applies has a valid Social Security number (SSN) or other Taxpayer Identification Number (TIN). It’s important to note that the rules for making your business legal differ by state—and sometimes even by local community. In-House Server vs. Find a good business idea. Yes, you’re going to have to work hard, and commit to working on it at all hours of the day, but actually getting set up is simply down to making sure you’ve “checked all the boxes,” which is exactly what this business startup checklist aims to help you do. If you’re not sure what to do next, these resources can help you juice up your online business presence: No business is without risk, and some organizations require more protection than others—that’s what business insurance is for. From registrations to licenses and every cost and fee you pay, record and store the information securely.