Checklist for Starting a Business
Most businesses start out small. The checklist below provides the basic steps you should follow to start a business. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business. Refer also to the Small Business Administration's Checklist for Going into Business (PDF).
Apply for an Employer Identification Number (EIN) if applicable.
Select a business structure.
Choose a tax year.
Choose your accounting method.
If you have employees have them fill out Form I-9 and Form W-4. If your employees qualify for and want to receive advanced earned income credit payments, they must give you a completed Form W-5.
Pay your business taxes.
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