How to start your own business success?

#Onlinebusinessideas

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The checklist below provides the basic steps you should follow to start a business. This list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business.

Information about specific industries can be found at the Industries/Professions Web page.

Each state has additional requirements for starting and operating a business. For information regarding state-level requirements for starting a business, please refer to your state's website.

Refer also to the Small Business Administration's 12 Steps to start your business

• Select a Name and Legal Structure.

• Write a Business Plan.

• Apply for an Employer Identification Number (EIN) if applicable.

• Select a business structure.

• Choose a tax year.

• If you have employees have them fill out Form I-9 and Form W-4.

• Pay your business taxes.

• Bank Account.

• Lease Office, Warehouse or Retail Space (if not home-based).

• Obtain Licenses and Permits.

• Hire Employees (if applicable) .

• Set up an Accounting and Record-Keeping System.

How to start your own business?

#businesssuccess #howtostartyourownbusiness