How to Start a Business In Tennessee
There are some specific steps to starting a business in Tennessee.
Here are a few web pages created by the state of Tennessee that will help if you want to start a business in Tennessee: https://www.tnsmartstart.com/ and https://tnbear.tn.gov/ecommerce/default.aspx
1. Register your business name.
Find out more about registering a fictitious name here: https://tnbear.tn.gov/ECommerce/NameAvailability.aspx
If you need help choosing a business name: 12 Tips to Help Choose a Business Name
2. Select a business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Click on Step 2 at this link to find out more about business structure: https://www.tnsmartstart.com/
3. Register your business.
You can register your new business with the state of Tennessee here:https://tnbear.tn.gov/Ecommerce/RegistrationInstr.aspx
4. Open a Business Checking Account.
You will need to open a separate bank account for your business with your new business name.
5. 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://www.tn.gov/revenue/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .
6. Get Liability Insurance.
Depending on what type of services you plan to offer, you may want to consider liability insurance.