How to Start a Business In Vermont
Here’s some information on how to start your new business in the state of Vermont.
Getting started– The state of Vermont has a website about starting a business in Vermont here: https://www.sec.state.vt.us/corporationsbusiness-services/business-registration-services/start-or-register-a-business.aspx
1. Register your business name.
Find out more about your business name at Step #5 here:https://www.sec.state.vt.us/corporationsbusiness-services/other-resources/business-start-up-guide.aspx
If you need help choosing a business name: 12 Tips to Help Choose a Business Name
2. Choose a business structure.
Decide what structure you want for your business– Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more at Step # 4 here: https://www.sec.state.vt.us/corporationsbusiness-services/other-resources/business-start-up-guide.aspx
3. Register your business with Vermont.
Find out more about registering your new business with the state of Vermont here: https://www.sec.state.vt.us/corporationsbusiness-services/business-registration-services/start-or-register-a-business.aspx
4. Open a Business Account with your Bank.
You will need to open a separate checking account for your business with your new business name.
5. Find out about taxes and hire an accountant.
You may want to have an accountant do the work. More info about taxes here: http://tax.vermont.gov/business-and-corp/register-renew-close-business 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.