How to Start a Small Business

business man starts new business

Step 1: Register your new business – You must file with your Secretary of State. Most new businesses form in their home state, or the state in which they will do the most business.

Step 2: Obtain your Tax ID / EIN Number – In order to perform basic functions, like opening a business bank account or hiring your first employee, you will need to provide your Tax ID Number. It is generally a good idea to have your EIN ready before you need it.

Step 3: Build your brand – Create a unique website about your business featuring what sets you apart from the rest.

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