The steps. In order. Done right the first time.
Let’s cut the theory.
You’ve got an idea. Maybe a customer lined up. Maybe just a gut feeling that you’re done building other people’s dreams.
You want to start your own business.
This isn’t a motivational post. It’s a checklist. The stuff that matters. The steps you can’t skip. The steps that turn “I’m thinking about starting something” into “I own a business.”
Worried about the name? Stuck on the logo? Don’t be.
Those can change. And they probably will. What matters now is momentum.
Take the first step.
Here’s how to start smart—by the numbers.
1. Pick Your Business Entity
LLC, S-Corp, Sole Prop, C-Corp. Don’t guess. Don’t copy your buddy. Choose what fits your goals.
- LLC – Simple, flexible, protects personal assets. Most people start here.
- S-Corp – LLC with tax perks—but only worth it once you’re making enough to pay yourself a salary.
- Sole Proprietor – Easy but risky. No liability protection.
- C-Corp – Built for raising capital. If you’re not pitching VCs, skip it.
Need help choosing? Read this first: The Entity You Pick Matters… Sort Of
2. Register with Your State
Every business needs to exist legally. That starts here.
- Go to your state’s Division of Corporations website
- Search your desired business name (make sure it’s available)
- File the formation paperwork (Articles of Organization or Incorporation)
- Pay the fee (usually $50–$200)
Done right, you’ll get a registration certificate and state ID number.
If you’re in Florida, get started here: Registering Your Business in Florida
3. Get an EIN from the IRS
Think of it as your business’s Social Security number.
- Go to: https://irs.gov/ein
- Takes 5 minutes
- Free
You’ll need this for taxes, bank accounts, payroll, and more. Don’t skip it.
4. Open a Business Bank Account
Separate your money. Now.
- Use your EIN, registration docs, and driver’s license
- Choose a bank you’ll actually use
- Avoid monthly fees and get online access
Mixing personal and business funds is how you get audited, sued, or confused.
Set this up right and everything else gets easier. Skip it, and you’ll feel it by tax season. Here’s how to open your accounts the right way—before the chaos hits: Read: Banking 101 for Business Owners
5. Check License and Permit Requirements
Different industries, different rules. Know yours.
- Local business tax receipt (aka “business license”) — required in most counties
- State licenses (for trades, health, professional services)
- Home-based business permits
- DBA/Fictitious Name filings (if you’re using a name other than your legal entity)
Don’t guess. Start here—but remember, Google is your friend.
Read: Licensing 101 for Business Owners, it breaks down what you’ll need, who to call, and how to stay legal without getting buried in red tape.
In Florida, check this instead, Licensing 101 for Florida Business Owners
6. Get the Right Insurance
Stuff goes sideways. Make sure it’s not fatal.
At minimum:
- General Liability – Covers customer injury, property damage
- Commercial Auto – If you or your team drives for work
- Workers’ Comp – Required once you hire employees (state-specific)
Depending on your business:
- Professional Liability (E&O)
- Cyber Insurance
- Umbrella policy
Need a breakdown? Read: Insurance 101 for Business Owners
7. Secure Your Domain and Branded Email
This is your storefront. Even if it’s digital.
- Buy your domain (Google Domains, Namecheap, GoDaddy)
- Set up branded email (e.g., info@yourbusiness.com via Google Workspace or Zoho)
Don’t use “coolguyservices@hotmail.com.” You’re building a business, not posting on Craigslist.
8. Choose Your Accounting Setup
This one will save your ass later.
- Basic software: QuickBooks, Xero, Wave
- Bookkeeper? Optional. But track every expense.
- Monthly P&L review is non-negotiable
If you don’t know your numbers, you don’t have a business. You have a hobby with invoices.
9. Build a Real Operating System
It doesn’t have to be perfect. It just has to work.
- How do customers find you?
- How do you quote work or sell a product?
- How do you deliver?
- How do you get paid?
Document the path from lead to customer to fulfillment to cash. Even if it’s a napkin sketch. Start there.
10. Know Your Endgame
Are you building a job? A side hustle? A platform to sell? A family legacy?
- Different goals need different moves
- No shame in small—but don’t build by accident
- Start With The Exit In Mind
Need help thinking that through? Read: Know Your Endgame
Final Word
You don’t need a vision board now. You need momentum.
You need a legal entity, an EIN, a bank account, and a plan to get paid.
Start with these 10 steps. Do them right. Get clear, get legal, get serious.
Because the moment you check that last box?
You’re not “starting a business” anymore.
You’re running one.