Search Results For: starting a small business in illinois
Where Do I Start? What ownership structure choices do I have? Where do I register a business? What are my responsibilities as an employer? How do I protect my invention, product or idea? …. Additional resources include the Small Business Tax Calendar, Tax Topics for Businesses, and Frequently Asked Questions.
Business entity. There are several ways to run a business in Illinois. This is called your business "entity." Sole proprietorship. If you are the only owner of the business, you are a sole proprietor. There is no government filing or approval required to operate your business as a sole proprietor. Millions of Americans do it this …
Step 1: Plan Your Business Idea. Step 2: Form Your Business. Step 3: Sync With The Illinois Taxes. Step 4: Obtain Proper Licensing/Permits. Step 5: Create A Dedicated Business Bank Account. Step 6: Pick A Stellar Illinois Location. Step 7: Finance/Bootstrap Your Startup. Step 8: Design & Publish A Business Website.
You file articles of incorporation for an Illinois corporation or articles of organization for an Illinois LLC with the IL Secretary of State. You obtain a federal tax ID number (FEIN or EIN) with the IRS after you have confirmation and filed articles from the State of Illinois showing your approved Illinois business.