How To Start A Business In Michigan

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How to Start a Business In Michigan

Here are a few steps to take to start a new business in the state of Michigan.
Getting started- The state of Michigan has a website about starting a new business in Michigan here:  http://www.michiganbusiness.org/start-up/business-assistance/#guidance

1. Select your business structure.

Sole-proprietor, LLC, Partnership, Corporation, etc.

2. Register your new business name.

You need to register your business name with the state of Michigan.  Check for name availability here: Name Availability

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

3.  Register your new business with Michigan.

You can register your business with the state of Michigan here: http://www.michigan.gov/taxes/0,4676,7-238-43519_43521_69027_69032-155361–,00.html

4. Open a Business Checking Account.

You will need to open a separate bank account for your business using your new business name.

5. 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://www.michigan.gov/taxes/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business

6. Liability Insurance.

You may wish to have liability insurance depending on what type of business you are starting.

7. City License.

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

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