The steps to register your business include choosing a name, structure, and other basics before you’re officially in business. Most small businesses must register with local and state officials. Many also get a federal tax ID, trademark protection, and tax-exempt status.
Requirements vary, but smart choices can offer liability protection and other legal, tax, and personal incentives. Small Business Administration (SBA) counselors can guide you. When you learn the basics, and follow the steps below, you’ll be closer to a real or virtual ribbon-cutting celebration for your new business!