Start A Business
Starting a business may seem like a daunting challenge — but with the proper tools and planning, you can be on your way to a personally and financially rewarding business. The WRC is here, ready to help in any way we can.
First, formulate a solid business plan in order to capitalize on your ideas; obtain necessary financing well in advance; pay careful attention to federal, state and local registration requirements as well as licenses and taxes.
You may find the Mass.gov guide to starting a business below helpful. Explore other resources through state and local agencies, and consult a qualified attorney and accountant before getting started.
Keep in mind that the start-up process will not be quick or easy — six months to one year is a reasonable estimate of time that it may take to open the doors of your business. However, addressing the issues listed below during the preparation period will help ensure a successful launch of your new business.
How To Start A Business
- Consult an attorney regarding the legal requirements of setting up and operating your business.
- Discuss with an accountant the financial and tax requirements of your new business.
- Register the name of the business with the states you will be operating your business in.
- Obtain a federal employer identification number (Form SS-4).
- unemployment insurance.
- Determine applicable job safety and health regulations (OSHA).
- Determine applicable environmental regulations.
- Apply for local business licenses.
