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A Step-by-Step Guide to Starting a Business

You will need to check your state’s website for information on state-specific and local tax obligations. You can learn more about each of these capital sources and more in our guide tostartup finance options. The best way to acquire funding for your business depends on several factors, including creditworthiness, the amount needed and available options. Understand the types of purchases that make sense for your business and avoid overspending on fancy new equipment that won’t help you reach your business goals.Monitor your business expensesto ensure you are staying on track. Whether it’s determining your business structure or crafting a detailed marketing strategy, the workload can quickly pile up. Rather than spinning your wheels and guessing at where to start, follow this 10-step checklist to transform your business from a lightbulb above your head to a real entity. Before you start selling your product or service, you need to build up your brand and get a following of people who