Most of the information out there is too generic to be actually useful. You are going to learn: This myth has been circulating for years.
Registered limited liability partnership Limited partnership association Here is a general overview from the U. We strongly advise that you contact your accountant or attorney for advice or assistance in determining the best legal structure for you and your business.
Trade name registrations are done online only: Colorado Secretary of State — www. Determine your general business activity type at: Your business plan A written business plan is like a road map—it shows you where you are in relation to where you want to be.
Too many entrepreneurs skip this step and operate just on their gut instincts. Your energetic and visionary nature is certainly an asset in launching your own company, but be warned that failing to think through and write a plan--including your business concept, marketing, target customer, competition, pricing, operations, startup costs, a projected three-year financial statement, and other key elements--is the single reason that so many startup businesses fail.
Any bank, nonprofit, or public-sector financing you hope to obtain will definitely require a written business plan.
For help developing your business plan, start with this short video from the U. You may also benefit from: Denver Small Business Development Center — www.
Mi Casa Resource Center — www. Colorado Business Resource Guide — www.
Locating your business Many startup companies begin in the founder's home or garage. And your small business may never require a physical office or public-facing site. But if it does, be sure to consider that the place you choose is right for your type of business.
Among the factors to consider are the building type, its location, zoning, and available parking.
You may want to work with a commercial real estate broker to find the right site and a licensed contractor familiar with business buildouts. When you begin the process of locating your business, be sure to carefully review the Regulatory requirements Step 6.
It is located in the industrial and commercial heart of the metro area. Regulatory requirements It is your responsibility to secure the proper licenses, permits and inspections prior to opening your doors or beginning operations.
A pre-application meeting is recommended. If you decide to make interior changes, all elective work must be done to current Building Code.
For more information on all of these issues: City of Denver - Development Services W. Colfax - 2nd Floor Step 7: Tax information As you are making plans to start your business, you will need to register with the tax authorities at the city, state, and federal levels.
Several types of taxes may be levied on your business, depending on its industry and location. Taxes may include income tax, employment tax, sales tax, and city business tax. CITY To register for city taxes, file returns and manage your tax accounts, contact: Denver Treasury Division W.
State of Colorado - Colorado Business Express.The Pennsylvania Business One-Stop Shop is the go-to resource for planning, registering, operating, and growing a business. The Small Business Assistance Network (SBAN) is the first stop for entrepreneurs interested in learning about the vast toolbox of business services and .
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leslutinsduphoenix.com with a Business Strategy. A short strategic plan ( pages) can provide a very useful foundation on which to base a much more detailed and comprehensive business plan.
Business Plan Template for a Startup Business A startup business plan serves several purposes. It can help convince investors or lenders to finance your business. It can persuade partners or key employees to join your company.
Most importantly, it serves as a roadmap guiding the launch and growth of your new business.
and the SBA Business Information Centers and One Stop Capital Shops. Start with your local library. Most librarians are pleased to guide you through their business data. This business plan is a generic model suitable for all types of businesses.
However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refining the Plan, found at the end.