Starting a business will look different for everyone. Depending on your industry, location, and type of business, there may be specific requirements, licenses, and permits you need to obtain. While every business is unique, there are several important steps that apply to most new businesses. Here are some key areas to consider when getting started. CHOOSE A BUSINESS NAME One of the first steps in starting a business is choosing a name for your brand. Your business name should be memorable, easy to pronounce and spell, and representative of your brand. You also want to choose a name you will be comfortable using for years to come. Think about how the name will work with your logo, website, social media, and other marketing materials. Taking the time to choose the right name now can help you build a stronger brand later. Choose a Legal Structure There are several legal structures to choose from, including a sole proprietorship, partnership, LLC, and corporation. The structure you choose can have a significant impact on your business. Your legal structure can affect how your business is taxed, how much personal liability protection you have, and what administrative requirements you must follow. Because the right
If you’re thinking about or just started your business, we want to tell you about a valuable resource. This resource is dedicated to small businesses and provides counseling, capital, and contracting expertise and is the the nation’s ONLY Federal go-to resource and voice for small businesses. What is the SBA and what does it stand for? The Small Business Administration, or SBA, is an independent government agency which intends to provide support towards small businesses and entrepreneurs. They do this to promote growth, recovery, and confidence within small businesses. SBA was created in 1953 becoming the only federal agency fully dedicated to help small businesses. How is the SBA organized? Headquarters Offices These offices are a little of everything. Therefore, they are broken down intro offices of advocacy, contracting, counseling, disaster assistance, financial assistance, international trade, and management. To add onto this, they also share small business audiences to make people feel included and supported. In this section they have Women’s Business Ownership, Office of Native American Affairs, and Office of Veterans Business Development. Regional Offices This page provides additional support to find an exact location. This provides you the ability to find what you are looking for in an