How To Start A Business In Idaho

280

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 detailing business:http://business.idaho.gov/home.aspx and https://idahobizhelp.idaho.gov/

-Select your business structure.

Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc. – http://business.idaho.gov/Default.aspx?tabid=474

-Register your business name with the state of Idaho.

Find out more about business name registration here:https://idahobizhelp.idaho.gov/BusinessEssentials/AssumedBusinessName.aspx

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: https://labor.idaho.gov/ibrs/ibr.aspx

-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.

Find the Perfect Job: