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Steps to starting a small business successfully

The 11 Steps to Start your Small Business!

A woman holding an open sign

Starting a small business can seem overwhelming at first, but if you are reading this article, chances are you are brave enough to consider it or already have. Since small business make up 99.7 percent of the U.S. economy, according to the U.S. Small Business Administration, it seems like you aren’t the first and won’t be the last. But, if you have that entrepreneurial hunger, what you probably want to be is the best.

Whether you want to start a business with five employees or 300, the fundamental and basic steps …

The 11 Steps to Start your Small Business!

A woman holding an open sign

Starting a small business can seem overwhelming at first, but if you are reading this article, chances are you are brave enough to consider it or already have. Since small business make up 99.7 percent of the U.S. economy, according to the U.S. Small Business Administration, it seems like you aren’t the first and won’t be the last. But, if you have that entrepreneurial hunger, what you probably want to be is the best.

Whether you want to start a business with five employees or 300, the fundamental and basic steps are essentially the same. The SBA lays out the 10 steps to starting a business that might just be the beginning of a beautiful relationship between you and your dream.

  1. Write a business plan
  2. Get business assistance and training
  3. Choose a business location (We found a great list from CNN naming the 10 most entrepreneurial states in the US)
  4. Finance your business
  5. Determine the legal structure of your business
  6. Register a business name “doing business as”
  7. Get a tax identification number
  8. Register for state and local taxes
  9. Obtain business licenses and permits
  10. Understand employer responsibilities

Whether you’re starting a flower shop or an auto body repair shop, having the right insurance for your business and following these simple and fundamental steps is bound to set you up for success.

Small Business Bond Solutions

The agents at Insurance Town and Country are more than just insurance policy experts.  We offer a range of products and services to small businesses, including bonds.  Our clients have a multitude of small business bond choices to fit their needs and goals.  We also understand that choosing a bond that makes sense for your unique circumstance may be challenging.  Our Bond Specialists are trained to help walk business owners through their options and choose a bond that makes sense for their business.  If you are in need of any of the following bond solution services, contact us today at …

The agents at Insurance Town and Country are more than just insurance policy experts.  We offer a range of products and services to small businesses, including bonds.  Our clients have a multitude of small business bond choices to fit their needs and goals.  We also understand that choosing a bond that makes sense for your unique circumstance may be challenging.  Our Bond Specialists are trained to help walk business owners through their options and choose a bond that makes sense for their business.  If you are in need of any of the following bond solution services, contact us today at 303-388-7216 or Request a Free Quote Online.

  • Performance Bonds
  • Contractor’s Bonds
  • ERISA Bonds
  • Fiduciary Bonds
  • Sub-Division Bonds
  • Court Bonds
  • Conservator Bonds
  • Surety Bonds
  • Fidelity Bonds
  • Public Officials Bonds
  • Liquor Licenses