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Business Setup Checklist

A four-phase checklist that walks you through forming and registering a small business.

Small Business Setup Checklist
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Phase 1 — Decide
[ ] Choose business structure (sole proprietor, LLC, partnership, corp)
[ ] Choose and verify business name (state DB + domain + trademark search)
[ ] Decide on business address (home, virtual, or commercial)

Phase 2 — Register
[ ] File state formation paperwork (LLC/corp/partnership)
[ ] Register DBA / trade name (if applicable)
[ ] Apply for EIN on IRS.gov (free)
[ ] Save EIN confirmation letter (Form CP 575)

Phase 3 — Open accounts
[ ] Open business checking account
[ ] Apply for business credit/debit card
[ ] Set up merchant processor (Stripe, Square, etc.) if needed
[ ] Set up bookkeeping system or spreadsheet

Phase 4 — Compliance
[ ] State business license (if required)
[ ] City/county business license or permit
[ ] Sales tax registration (if selling taxable goods/services)
[ ] Industry-specific licenses
[ ] Business insurance policy in place
[ ] Calendar reminders for annual report and license renewals

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