How To Start A Business In South Carolina

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How to Start a Business In South Carolina

There are a number of steps to become a legal business in the state of South Carolina.  You must do your own thorough research, as laws change regularly.
Getting started– A resource created by the state of South Carolina to help you start your business can be found here: South Carolina Business One-Stop

-Register your business name.

Find out more about registering a business name at STEP 2 at this link:  https://www.scbos.sc.gov/Portals/0/Site/Business%20Resources/User%20Identification%20of%20Appropriate%20Filing.pdf .

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

-Select a business structure.

Sole-proprietor, LLC, Partnership, Corporation, etc.  Find out more here: https://www.scbos.sc.gov/Portals/0/Site/Business%20Resources/Business_Structures.pdf

 -Register your business.

Find out more about how register your new business with the state of South Carolina here: http://www.sos.sc.gov/Business_Opportunities

-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 have an accountant do the work. More info about taxes here: https://www.scbos.sc.gov/Portals/0/Site/Business%20Resources/IRS_Link_Index_-_Critical_IRS_Information.pdf and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business

 -Get Liability Insurance.

Depending on what type of services you plan to offer, you may want to consider liability insurance.

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