How to Register a Business: A Step-by-Step Guide

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Starting a business takes thoughtful planning, preparation, and strategic decision-making. One of the most important early steps is registering your business properly. According to the Small Business Administration (SBA), there are nearly 35 million small businesses in the U.S., and that number continues to grow each year.

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The registration process can feel overwhelming, especially if you’re launching your first venture. This guide breaks down the essential steps to register your business and stay compliant.

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What You’ll Learn

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• How to choose a business structure

• Picking a business name

• Registering with state agencies

• Applying for necessary licenses

• Getting your EIN

• Opening a business bank account

• Meeting compliance obligations

• Understanding tax responsibilities

 

1. Choose a Business Structure

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Your business structure affects liability, taxes, and how your company is managed. Common options include:

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Sole Proprietorship

The simplest structure--owned by one person. You’re personally liable for debts, and profits are reported on your tax return.

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Partnership

Owned by two or more people sharing profits, losses, and liabilities. Each partner reports their share on personal taxes.

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Corporation (C-Corp or S-Corp)

A separate legal entity owned by shareholders. Corporations offer limited liability and separate tax obligations.

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Limited Liability Company (LLC)

A hybrid model offering liability protection like a corporation and flexible management like a partnership. Profits and losses can pass through to the owners' tax returns.

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See more>>>

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Choosing the right structure may require input from legal or tax advisors.

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2. Pick a Name for Your Business

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Your business name reflects your brand and is one of the first impressions you'll make. Here’s how to choose and protect a strong name:

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• Brainstorm names that reflect your mission and values

• Search for existing trademarks via the USPTO database

• Check domain availability and social media handles

• Consider trademarking your name to protect your brand identity

 

3. Apply for an EIN (Employer Identification Number)

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An EIN is like a Social Security number for your business—used for taxes, banking, and more. The IRS issues EINs to identify business entities.

 

You’ll need to provide:

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• Your business name and address

• Business structure

• Responsible party details

 

Apply for an EIN online and expect to receive it within 1–3 business days.

 

4. Apply for Business Licenses

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Most businesses require licenses or permits based on their industry and location.

 

Steps to follow:

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1. Identify requirements – Research federal, state, and local licenses.

2. Check issuing agencies – Confirm guidelines and procedures.

3. Prepare documents – These may include zoning approval, proof of insurance, etc.

4. Apply and pay fees – Often available online.

5. Wait for approval – Can take several weeks.

6. Display the license – Some licenses must be posted at your location.

 

Helpful resources:

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• State agencies (e.g., Secretary of State)

• SBA’s license and permits guide

 

5. Register with State Agencies

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Depending on your structure and location, you may need to:

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• Register your entity – File Articles of Incorporation or Organization

• Register for state/local taxes – Sales tax, payroll tax, etc.

• Meet insurance requirements – Such as liability or workers’ comp

• Comply with other regulations – Varies by state and industry

 

6. Open a Business Bank Account

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Keeping your finances separate is essential.

 

Benefits of a business account:

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• Keeps personal and business finances distinct

• Enhances legal protection

• Builds credibility with customers and vendors

• Enables you to accept and manage payments

 

Compare banks for features like mobile banking, low fees, and small business support.

 

7. Understand Compliance Requirements

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Compliance includes all legal rules your business must follow. Staying compliant:

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• Avoids legal trouble and fines

• Builds trust with customers and partners

• Makes you eligible for funding or partnerships

• Demonstrates professionalism

 

Requirements vary by industry and location—consult with legal or compliance experts as needed.

 

8. Know Your Tax Obligations

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Your tax responsibilities depend on your business type, income, and location. These may include:

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• Income tax

• Payroll tax

• Sales and use tax

• Excise taxes

 

Failing to meet tax obligations can lead to penalties or legal action. Make tax planning part of your financial strategy, and consider working with an accountant to stay ahead of deadlines and changes.

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How EZ Filings Can Help

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EZ Filings simplifies the incorporation process so you can launch your business quickly and confidently.

 

Here’s how it works:

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• Complete your application in under 10 minutes
  Select your business structure—LLC, C-Corp, or Subsidiary—and provide your company details.

• We’ll form your business fast
  EZ Filings reviews your information and submits your formation documents within 1–2 business days. Expedited state filing (48-hour processing) is included at no extra charge. Our service fee: $350.

• We’ll get your EIN
  After formation, we’ll apply for your IRS tax ID. If you provide a U.S. SSN, address, and phone number, you may be eligible for expedited processing.

 

Let us handle the paperwork so you can focus on building your business.

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 Register your business  HERE today!