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    • Business Development
    • Educational Initiative
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    • Policy
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  • Business Development
  • Educational Initiative
  • Awareness Iniative
  • Policy

Welcome to the business Development Guide

The Steps:

The key steps involved in starting up your own business are:

  1. Registering Your State Business License: This ensures your business operates legally and compliantly within your state.
  2. Getting Your Federal EIN# (Tax ID): This unique nine-digit number is assigned by the IRS and is needed for tax filing, opening a business bank account, and hiring employees.
  3. Opening Your Business Bank Account: This is crucial for separating personal and business finances, providing legal protection, simplifying tax preparation, and projecting professionalism.
  4. Registering with Dun & Bradstreet (D-U-N-S Number): This establishes a unique identifier for your business, helps build a business credit profile, and is often required for federal contracts and grants.
  5. Seek Out a Free Small Business Mentor: New entrepreneurs can connect with our experienced mentors who can provide essential step by step guidance and support during your use of the business guide. Having a mentor can significantly increase the chances of successfully launching and growing a business. Get a mentor with us.

STEP-BY-STEP Business Development Guide

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