How To Start A Business In Iowa

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How To Start A Business In Iowa

Here is some helpful information on how to start a business in the state of Iowa.

Getting Started- Here are a few websites to help you get started with your business:https://tax.iowa.gov/starting-business and http://www.iasourcelink.com/home

-Select your business structure.

Determine what business structure you wish to have for your business: Sole-proprietor, LLC, Partnership, Corporation, etc. – http://www.iasourcelink.com/regulatory/basics-of-business-entities

-Register your new business name.

Depending on the business structure you choose, you will need to contact your local county recorder, or the secretary of state.

If you need help choosing a business name: 12 Tips to Help Choose a Business Name

 -Register your new business with the state of Iowa.

Find out more here: http://www.iasourcelink.com/regulatory/business-license-home

-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 have an accountant do the work. More information about taxes here:https://tax.iowa.gov/starting-business and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .

  -Liability Insurance.

Depending on what type of business you are starting, you may want to consider liability insurance.

-City License.

You may be required to obtain a license to operate your business in a particular locale, whether you are a resident, or not.

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