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Choose a business.
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Research the business idea.
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Consult your tax professional
regarding tax aspects of various business entities.
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Consult an attorney regarding
federal and state laws governing creation, ownership, and operation of
the entity.
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Write a business plan and
marketing plan.
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Choose a business name.
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See if the business name is
available for use as a domain name.
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Register the domain name even
if you aren't ready to use it yet.
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Choose a location for the
business.
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Check zoning laws.
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File partnership, corporate
or limited liability company papers.
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Contact the Internal Revenue
Service to apply for your federal identification number and for filing your
federal tax schedules.
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Apply for state employee
identification number if you will have employees.
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Find out about worker's
compensation if you will have employees.
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Apply for sales tax number if
needed.
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File state tax forms.
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Check to get any required
business licenses or permits.
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Register or reserve federal
trademark/service mark.
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Register copyrights.
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Apply for patent if you will
be marketing an invention.
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Order any required notices
(advertisements you have to place) or your intent to do business in the community.
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Have business phone or extra
residential phone lines installed.
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Check into business insurance
needs.
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Get adequate business
insurance or a business rider to a homeowner's policy.
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Get tax information such as
record keeping requirements, information on withholding taxes if you will
have employees, information on hiring independent contractors, facts about
estimating taxes, etc.
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Open a bank account for the
business.
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Fund the entity.
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Hold all necessary
organizational meetings to elect officers and directors.
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Have business cards and
stationery printed.
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Purchase equipment or
supplies.
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Order inventory, signage and
fixtures.
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Get an email address.
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Find a web hosting company.
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Get your website set up.
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Have sales literature
prepared.
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Call for information about
Yellow Pages advertising.
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Place advertising in
newspapers or other media if yours is the type of business that will benefit from paid
advertising.
- Call everyone you know and let them know
you are in business.