How To Start A Business In Kentucky

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How to Start a Business In Kentucky

Here are some steps on how to start a business in the state of Kentucky.  This information will help you start just about any type of business (part or full-time).
Getting started– The state of Kentucky has created a website to help you start your new business:  http://onestop.ky.gov/

-Select your business structure.

Sole-proprietor, LLC, Partnership, Corporation, etc.  Find out more here: http://onestop.ky.gov/start/Pages/structure.aspx

-Register your new business name with Kentucky.

Find out more about registering a business name here: http://onestop.ky.gov/start/Pages/structure.aspx

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

-Register your business with Kentucky.

Find out more about how register your business with the state of Kentucky here:  https://secure.kentucky.gov/sos/ftbr/Welcome.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 and hire an accountant.

You may want to file your own taxes if you are a small business. As you grow, it will be easier to have an accountant do the work. More info about taxes here: http://onestop.ky.gov/start/Pages/statetax.aspx and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business

 -Liability Insurance.

You will possibly want liability insurance depending on the type of business you have.

-City License.

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

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