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Government Information Connection: Business Portal

Locate information on how to start a small business.

Government Information Connection: Business Portal

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Starting Your Business Plan

Murphy Center for Entrepreneurship is located in the UNT College of Business, and promotes free enterprise through partnerships among students, faculty, and businesses that have established successful entrepreneurial enterprise programs. Currently, the Murphy Center is between directors.

 

 

   

 

 

 

Small Business Administration (SBA.gov). The official resource to help businesses comply with government regulations. Includes compliance information, forms, and contacts from the U.S. government, as well as information on starting a business, obtaining a grant or loan, and buying surplus property.starting a business, obtaining a grant or buying surplus property.


 

 

Business Plans

The U.S. Small Business Administration (SBA) offers 10 steps to starting a business.
(https://www.sba.gov/starting-business/how-start-business/10-steps-starting-business)

  1. Write a Business Plan 
    See the Introduction tab for information and resources on writing a business plan. 
  2. Get Business Assistance & Training 
    Take advantage of free counseling and education services. Check with local SCORE chapters, public libraries and chambers of commerce for learning opportunities. 
  3. Choose a Business Location 
    Market and industry analysis and zoning requirements are just 2 things to consider when choosing a business location. 
  4. Finance Your Business 
    Loans, venture capital and other funding sources should be considered.
  5. Determine the Legal Structure for Your Business 
    Sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative: which is the best for your business.
  6. Register the Business Name - "Doing Business As (DBA)"
    Register the business name with state government agencies. 
    Obtain a tax identification number from the IRS. 
  7. Register for State and Local Taxes 
    Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.
  8. Obtain Business Licenses and Permits 
    Determine from your local and state government whice licenses and permits are needed to run the business.
  9. Understand Legal Requirements 
    Determine legal steps and requirements in hiring employees.
  10. Find Local Assistance 
    Talk to the local SBA office about other resources or information needed for your business.

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