How To Get Started
Starting a business requires you to complete a number of steps and make some key decisions. Though part of your overall plan, you’ll need to select a location, decide on a business structure, and obtain the necessary licenses and permits. In addition, determining which financing options will meet your short-term needs and long-term goals is crucial. Within this section, we’ll provide information on these topics along with guidance on buying an existing business, copyright and trademark issues, and getting support from an outside expert.
Financial Start-Up
An integral component of starting a successful business is raising sufficient capital.
Buy a Business
There are advantages and disadvantages.
Buy a Franchise
There are advantages and disadvantages.
Name Your Business
There is more to naming your business than just coming up with something that sounds good and you happen to like.
Choose a Structure
The choice you make can have an impact on multiple aspects of your business, including taxes, liability, ownership succession, and others.
Protect Your Ideas
Innovations and new product ideas are valuable assets of a business.
Licenses and Permits
Most states and many cities and/or counties impose licenses and permits on a wide variety of businesses.
Pick a Location
Make sure you know all the legal restrictions of your place of business.
Lease Equipment
Sometimes leasing equipment, instead of buying it, can be the best option for your business.
Financial Start-Up
An integral component of starting a successful business is raising sufficient capital.
Buy a Business
There are advantages and disadvantages.
Buy a Franchise
There are advantages and disadvantages.
Name Your Business
There is more to naming your business than just coming up with something that sounds good and you happen to like.
Choose a Structure
The choice you make can have an impact on multiple aspects of your business, including taxes, liability, ownership succession, and others.
Protect Your Ideas
Innovations and new product ideas are valuable assets of a business.
Licenses and Permits
Most states and many cities and/or counties impose licenses and permits on a wide variety of businesses.
Pick a Location
Make sure you know all the legal restrictions of your place of business.
Lease Equipment
Sometimes leasing equipment, instead of buying it, can be the best option for your business.