How To Start A Business In Idaho
Here is some helpful information on how to start a business in the state of Idaho.
Getting Started- The state of Idaho has a website for helping you get started with your new business:
-Select your business structure.
Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc. – Choose a Business Entity Type
-Register your business name with the state of Idaho.
Find out more about business name registration here: Filing an Assumed Name
If you need help choosing a business name: 12 Tips to Help Choose a Business Name
-Register your business with the state of Idaho.
Find out more here:Idaho Business Registration System
-Open a Business Checking Account.
You will need to open a separate bank account for your business with your new business name.
-Find out about taxes, hire an accountant.
You may want to file your own taxes if you are a small company. As you grow, it will be easier to have an accountant do the work. More information about taxes here: https://tax.idaho.gov/i-1132.cfm and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .
-Consider Liability Insurance.
You may want to have liability insurance, depending on what kind of business you are starting.
-City License.
You may need to obtain a license to operate your business in a particular locale, whether you are a resident, or not.