Ready to launch? Here's every step explained.
From idea to opening day, with expert guidance at every stage.
Schedule your consultation →Step 1: Write your business plan
A business plan gives you clarity about your idea, your market, and how you'll make money. It doesn't have to be perfect, it has to be honest.
- Define the problem you solve
- Describe your ideal customer
- Project your revenue and expenses
Step 2: Choose legal structure & register name
LLC, sole proprietor, corporation, each structure has different legal and tax implications. Choose correctly from the start.
- Compare LLC vs. Sole Proprietor
- Register your business name (DBA)
- Prepare the Articles of Organization
Step 3: Register with federal & state agencies
The EIN (Employer Identification Number) is your tax identification number. You need it to open a bank account, hire employees, and pay taxes.
- Apply for your EIN with the IRS (free)
- Register for state taxes
- Open your business bank account
Step 4: Get business license & Certificate of Occupancy
Depending on your city and business type, you need local permits to operate. Ignoring them can result in fines or business closure.
- Check your city's requirements
- Apply for the local business license
- Get the Certificate of Occupancy if applicable
Step 5: Get the right business insurance
An accident, a lawsuit, or an incident without the right insurance can end your business overnight. Protect it before you open.
- General liability (GL)
- Workers comp if you have employees (WC)
- Coverage for your property and equipment
Step 6: Apply for permits & pass fire inspection
If your business has a physical location, you need construction or renovation permits and must pass a fire inspection before opening.
- Get construction permits if you renovated
- Schedule fire department inspection
- Install exit signs and fire extinguishers
Step 7: Hire your first employees
Hiring correctly protects your business and motivates your team. There are legal requirements to meet from the first employee.
- Complete the I-9 eligibility form
- Register as an employer with the state
- Get Workers Compensation before their first day
Step 8: Stay compliant, connected & growing
Opening the business is just the beginning. Businesses that thrive have systems, review their numbers, and seek guidance when they need it.
- Renew your licenses annually
- Review your insurance coverage each year
- Work with a trusted business advisor
Need help with any of these steps?
Book your free consultation →