Michigan Business Start-up Checklist
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How to fill out Business Start-up Checklist?
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Business Startup ChecklistSelect a Name and Legal Structure.Write a Business Plan.Obtain your Federal Employer Identification Number (FEIN)Open the Company Bank Account.Lease Office, Warehouse or Retail Space (if not home-based)Obtain Licenses and Permits.Hire Employees (if applicable)More items...
What licenses do I need to open a business in Michigan? Most businesses will need a sales tax license. Businesses in certain professions or locations may also need a separate license.
How to Start a Business in MichiganChoose a Business Idea. Take time to explore and research ideas for your business.Decide on a Legal Structure.Choose a Name.Create Your Business Entity.Licenses and Permits.Pick a Business Location and Check Zoning.File Taxes.Obtain Insurance.More items...
Here are six things you must do to register your business in the State of Michigan.Obtain a FEIN.Register the assumed business name with the County Clerk.Obtain UIA Number.Obtain a Sales Tax License.Register your business with the Michigan Department of Treasury.Obtain all necessary permits.03-Jan-2013
The cost to start a Michigan limited liability company (LLC) is $50. This fee is paid to the Michigan Department of Licensing and Regulatory Affairs when filing the LLC's Articles of Organization. Use our free Form an LLC in Michigan guide to do it yourself.
How to Get a Business License in MichiganRegister for an Employee Identification Number (EIN).Check with your local County Clerk's office.Apply for your business license via phone or mail.Take note of how long your license will be valid.
Filing Michigan articles of incorporation: $50 to $100. Expedited processing for articles of incorporation: $50 to $1,000. Business licenses: $7 to $3,000 annually (average around $150)
Types of business start-up costsProfessional fees.Insurance.Premises costs.Staffing and employment.Equipment and supplies.Stock.Sales and marketing.Finance.More items...
How to Start a Small Business: 7 Basic Legal RequirementsCreate a Business Structure.Choose and Register Your Business Name.Get an EIN.Obtain Required Business Permits and Licenses.Prepare to Pay State and Local Taxes.Create a Compliance Plan.Get Business Insurance.5 Ways to Prepare for Self Employment.
