10 steps to Start Your Business
Starting a business involves planning, making key financial decisions and completing a series of legal activities. The Small Business Administration has developed a guide with the 10 basic steps to starting a business. Download the brochure below!
Other steps may be appropriate for your specific type of business.
Information about specific industries can be found at the Industries/Professions Web page.
Each state has additional requirements for starting and operating a business. For information regarding state-level requirements for starting a business, please refer to your state’s website.
Apply for an Employer Identification Number (EIN) if applicable
- Select a business structure
- Choose a tax year
- If you have employees have them fill out Form I-9 (PDF) and Form W-4
- Pay your business taxes
Get more details here.
The State of Tennessee offers a comprehensive checklist for business startups with some specific information about Tennessee:
Tennessee Smart Start Guide for Businesses
IRS Checklist for Business Startup
The checklist below provides the basic steps you should follow to start a business. This list should not be construed as all-inclusive.