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Get a Plan:

 

A formal statement of goals and the plan for reaching them is a great way to start the process.

Get Business Assistance & Training:

 

The Small Business Development Program (SBDP) at www.austintexas.gov offers free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Location, Location, Location:

 

Setting up an in home business or a physical location?  Get advice on how to select a customer-friendly location and comply with zoning laws.

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Show Me the Money!

 

How will you finance your big dream?  Government backed loans, venture capital and research grants can help you get started.

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Determine the Legal Structure of Your Business:

 

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

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10 Steps to Starting a Business

 

Starting your own business can be overwhelming!  Here are 10 simple steps can help you get started:

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Are you registered?

 

Don’t forget to register your business name with the state government.

Everyone Pays Taxes:

 

Do you know which Tax Identification Number you need from the IRS?

Employment & Getting Insured:  

 

Once you obtain a tax identification number, you’ll need to think of workers' compensation, unemployment and disability insurance.

Obtain Business Licenses and Permits:

 

Get a list of federal, state and local licenses and permits required for your business.

Understand Employer Responsibilities:  

 

Do you know the legal steps you need to take to hire employees?  What about interview do’s and don’ts?  

At The Portley Law Firm and Mediation Center, we can help you answer all these questions and more.  If you are starting a small business and need help, please call us at 512-796-5514 or email info@theportleylawfirm.com.