10 Steps to Starting a Business

Author Topic: 10 Steps to Starting a Business  (Read 3147 times)

Offline Shamim Ansary

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10 Steps to Starting a Business
« on: June 13, 2010, 05:09:32 PM »
Step 1:
Research and Plan Your Business
Use these tools and resources to help you prepare your business plan and become a successful business owner.

Step 2:
Get Business Assistance and Training
Take advantage of free training and counseling services, from preparing a business plan to getting financing, and help expanding and relocating a business.

Step 3:
Choose a Business Location
Get advice about choosing a customer-friendly location and complying with zoning laws.

Step 4:
Finance Your Business
Find government backed loans, venture capital and research grants to help you get started.

Step 5:
Determine the Legal Structure of Your Business
Decide whether you are going to form a sole proprietorship, partnership, LLC, corporation, non-profit or cooperative.

Step 6:
Register a Business Name ("Doing Business As")
Register your business name with your state government.

Step 7:
Get a Tax Identification Number
Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

Step 8:
Register for State and Local Taxes
Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

Step 9:
Obtain Business Licenses and Permits
Get a list of federal, state and local licenses and permits required for your business.

Step 10:
Employer Responsibilities
Learn the legal steps you need to take to hire employees.


"Many thanks to Allah who gave us life after having given us death and (our) final return (on the Day of Qiyaamah (Judgement)) is to Him"

Offline jafar_bre

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Re: 10 Steps to Starting a Business
« Reply #1 on: September 25, 2010, 04:38:53 PM »
yeah this is absolutely  correct .......tips are very much helpful
« Last Edit: September 29, 2010, 09:31:52 PM by jafar_bre »
JAFAR IQBAL
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Department of Real Estate
Asst.manager(Sales)
Rupayan Group
Cell # 01787147157.
jafar_iqbal@diu.edu.bd

Offline Noman_1450

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Re: 10 Steps to Starting a Business
« Reply #2 on: July 01, 2012, 11:46:26 PM »
This is so much important post. After completing  my educational life i will try to start a business.(insallah)
Abdullah Al Noman
Id. 101-11-1450
25th batch, Department of BBA
Email: noman_1450@diu.edu.bd

Offline najnin

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Re: 10 Steps to Starting a Business
« Reply #3 on: June 30, 2013, 02:37:22 PM »
May be in near or far future these tips will be helpful for me. Thanks for a nice post.

Offline najnin

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Re: 10 Steps to Starting a Business
« Reply #4 on: March 10, 2014, 04:58:19 PM »
It could be helpful for beginners. Thanks.

Offline 710001983

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Re: 10 Steps to Starting a Business
« Reply #5 on: August 10, 2018, 10:01:22 PM »
It will be good for initial stage.But determination is very important for making success in bussiness.
Md. Imdadul Haque
Senior Lecturer
Department of Public Health
Daffodil International University
Dhaka-1207

Offline tasnim.eee

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Re: 10 Steps to Starting a Business
« Reply #6 on: June 20, 2019, 05:45:36 PM »
helpful