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These services are no-cost to all community members.
Becoming a business owner is exciting but it can also be overwhelming. Our professional team of business advisors can provide you with the best advice - whether you have questions about how to create a business plan, how to secure financing or anything in-between. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Ellen Scalpelli at escalpel jjc. Funded in part through a cooperative agreement with the U.
Below we list the first few steps you can take as a business owner. Need help? The first step in getting started is attending one of our live "Starting Your Business in Illinois" workshops. This no-cost, two-hour informational seminar covers the basic requirements of starting your own business, including the following: legal structure, start-up requirements, finding financing and business planning basics. Be sure to reserve your seat by ing up today. The business plan is your game plan and roadmap to success!
Writing a business plan is important, not only if you are looking for a loan or investment, but to get all your thoughts on paper and work out the details. An important choice when starting a business is selecting a legal structure. The most common business entities include sole proprietorship, partnership, Limited Liability Company LLC and corporation.
The Illinois SBDC at JJC can help explain the differences between the business entities, the pros and cons of each and how to protect your personal assets. We can go over how to file the articles of incorporation, drafting a partnership agreement, bylaws and much more. The right name is essential in branding your business.
Registering a business name in Illinois varies depending on the legal structure as some entities require a name search and registering with the Secretary of State, while others require with the County Clerk's office. A variety of business s and permits may be needed, such as: the federal employer identification FEIN with the IRS, sales tax identification with the Illinois Department of Revenue, Illinois Secretary of State, Illinois Department of Employment Security, state professional licensing, local business s and others.
There are different sources of financing to start a business. Some of the most common include business loans, revolving loan funds, investors, credit cards and personal funds. Hiring employees is a critical yet complicated process, which is important to do correctly.
There are multiple federal and state registrations and Department of Labor regulations to be aware of. As a business owner, there are several taxes, which may apply to you - such as self-employment tax, state and federal payroll tax, Illinois sales tax and tax on business profits. Where are your customers going to come from? What is your value proposition?
You'll probably need a website that gets potential customers to take action. You may want to promote your services through social media. Are you ready to ask people for their money? Illinois Small Business Development Center. About the SBDC Our professional team of business advisors can provide you with the best advice - whether you have questions about how to create a business plan, how to secure financing or anything in-between.
The Illinois SBDC offers: One-on-one business advising No-cost resources Seminars, workshops, classes and events to assist with the start-up or expansion of your business Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
Write Your Business Plan.
Select a Business Structure. Register a Business Name. Apply for Business s and Permits. Find Financing. Hire Employees. Prep for Taxes and Record Keeping. Develop a Sales and Marketing Plan. Various Times Registration Days.Joliet Illinois out i need some company
email: [email protected] - phone:(347) 643-2538 x 3253
Illinois Small Business Development Center