Guidelines for Starting a Business

INTRODUCTION

Request SBDC Services to assess what type of assistance you’ll need

Business Plan Template  (Downloadable form)

checklist

You’ll have many decisions to make about your new business.  Our consultants, in addition to the information found in the links on this web site, can help you locate and evaluate that information as it applies to your  particular situation:

CHOOSING THE LEGAL FORM OF BUSINESS

    • Sole Proprietorship
    • Partnership
    • Corporation
    • Statutory Close Corporation
    • Limited Liability Company

OBTAINING BUSINESS FINANCING

SELECTING A LOCATION

REGISTRATION AND LICENSING

PROMOTING THE BUSINESS

MANAGING THE BUSINESS

INSURING THE BUSINESS

BOOKKEEPING

    • Balance Sheet
    • Income Statement
    • Statement of Owner's Equity
    • Statement of Cash Flows

OTHER SOURCES OF HELP AND INFORMATION THAT YOU MAY NEED:

  • SC Secretary of State’s Office  (for filing as an LLC or Corporations)
  • SC Department of Revenue (for collection and payment of sales tax if you are selling tangible products
  • Insurance agent (depending on your business concept, you will need some types of insurance that may include: Professional Liability, Fire, Flood, Building insurance, etc.)
  • Consultation with an attorney to insure that you have all contracts, partnership agreements, leases, etc., properly executed
  • Consultation with your CPA or other tax preparer to insure that you are keeping track of your income and expenditures in an orderly fashion to make tax preparation easier down the road.  (If you both use QuickBooks, for instance, you can share your files electronically every month, and he/she can fix any errors as you go along.

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Downloadable Planning Forms:    Business Plan Template  ~ Estimated Expenses ~ Projected Sales Form

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Rock Hill Area SBDC serves Rock Hill, Union, Florence, Cheraw, Myrtle Beach and Georgetown Counties in South Carolina

   Winthrop Region Small Business Development Center

SC Small Business Development Centers

at the Rock Hill location of

The Winthrop SBDC is funded by the SBA and the State of South Carolina, and hosted by Winthrop University in Rock Hill, SC

Small Business Development Center located at Winthrop University, Rock Hill, SC
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Winthrop_Region_SC_SBDC  

 

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Downloadable Forms:  Business Plan Template  ~ Estimated Expenses ~ Projected Sales Form 

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