10 Steps to Help Start Your Business American Association of Small Business Finance.

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10 Steps to Help Start Your Business American Association of Small Business Finance

Transcript of 10 Steps to Help Start Your Business American Association of Small Business Finance.

Page 1: 10 Steps to Help Start Your Business American Association of Small Business Finance.

10 Steps to Help Start Your Business

American Association of Small Business Finance

Page 2: 10 Steps to Help Start Your Business American Association of Small Business Finance.

While our primary function is

Loan Packaging and Placement Assistance

to help businesses get the capital they need,

we also understand that money may not be

all you need for your company’s

growth and success.

10 steps to help start your business Courtesy of AMASF

Page 3: 10 Steps to Help Start Your Business American Association of Small Business Finance.

Finance Options

Obtain Business License and Permits

This is an example text. Go ahead and replace it

Get a Tax ID Number

Business Location

Register a Business Name (Doing Business As)

Register for State and Local Taxes

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Understand Employer Responsibilities

Business Plan

Consultation with AMASF

Determine Legal Structure

10 Steps to Help Start Your Business

Page 4: 10 Steps to Help Start Your Business American Association of Small Business Finance.

Step 1 - Consultation with AMASF

Looking at starting or expanding your business?

Our qualified staff has the knowledge and experience and will meet with you one on one to determine what type of financing best fits your unique needs.

Call 844-226-7700 or go to our website at www.AMASF.org and click on ‘Contact Us’ tab to schedule a consultation.

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Step 2 – Business Plan

Although AMASF does not write business plans, we do have a

Business Partner that specializes in writing these Business Plans and can structure a Business Plan to your specific business needs.

Contact us for details.

Business Plan

Business Plans are an important part

of the success of any business.

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Step 3 – Finance Options

S7a504

Express

SBA

U United States Department of Agricultural

RURAL DEVELOPMENT

USDA

C Commercial Lending

Commercial

AMASF has a database of over 300 lenders to help assist with the placement of the loan once the packaging has been complete to those entrepreneurs who have not secured their own funding. Thedatabase consists of lenders and credit unions nationally.

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Steps 4 - 5

Determine Legal Structure

Decide which form of ownership is best for you: • Sole proprietorship, • Partnership, • Limited Liability Company (LLC)• Corporation, • S corporation, • Nonprofit or Cooperative.

Get advise on how to select a customer-friendly location and comply with zoning laws.

Business Location

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

Obtain Business License and Permits

Learn which tax identification number you will need to obtain from the IRS and your state revenue agency.

Get a Tax ID Number

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Register with your state to obtain a tax identification number, worker’s compensation, unemployment and disability insurance.

Register for State and Local Taxes

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Register a Business Name

6 Register your business name with your state government.

Steps 6 - 9

Page 9: 10 Steps to Help Start Your Business American Association of Small Business Finance.

We recommend you learn the legal steps you need to take to hire, have and fire employees. There are many companies that offer Human Resource assistance if you are not large enough to have that specific department.

Employer

Responsibilities

Step 10

Page 10: 10 Steps to Help Start Your Business American Association of Small Business Finance.

Finance Options

Obtain Business License and Permits

This is an example text. Go ahead and replace it

Get a Tax ID Number

Business Location

Register a Business Name (Doing Business As)

Register for State and Local Taxes

4

4

6

7

8

9

10

3

2

1

Understand Employer Responsibilities

Business Plan

Consultation with AMASF

Determine Legal Structure

10 Steps to Help Start Your Business - CHECKLIST

Page 11: 10 Steps to Help Start Your Business American Association of Small Business Finance.

www.AMASF.org1-844-226-7700

1070 Wigwam Pkwy #110Henderson, NV 89074

Please contact us for assistance

to facilitate and implement the

10 Steps to Help Start Your Business.