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Small Business Startup Assistance & Checklist
Steps to Start Your Small Business in the San Gabriel Valley
This checklist provides information to start a small business in the San Gabriel Valley (Los Angeles County, California). While the list covers some of the major steps required, there may be other necessary steps.
Anyone who has decided to start a new business or expand an existing one should first attend our Introductory Workshop - How to Start a Successful Business provided by the San Gabriel Valley Small Business Development Center.
After you attend our workshop, you may qualify to meet with one of our consultants for a one-on-one counseling session.
Are you Ready to Start?
Click HERE to Take this Quiz from the SBA.
Enroll in our Workshop "How to Start a Successful Business"
Start Smart!: An Introductory Seminar Giving a Roadmap to Start a Business
Description of Workshop:
In our most popular training event, we de-mystify the process, explaining in plain language:
1) what you need to know,
2) why you need to do specific actions,
3) how you perform those actions, and
4) in what order.
….making it simple and fun to successfully start your first business with clarity and confidence.
In three fun, interactive, and information-packed hours, you’ll learn about the following:
1) Personality Profile: You’ll learn the specific personality traits and skills required to start and sustain your small business.
2) Planning: You’ll learn why business planning is crucial and discover options you have to get help in researching and writing your plan.
3) Compliance: You’ll learn the nuts and bolts of business licenses, permits, legal structure, and insurance.
4) Marketing and Sales: You’ll learn the importance of promoting your business as it is the single most important activity that will guarantee your success
5) Money: You’ll learn where to get start up capital and how to track your performance as a business owner
Be sure to also check out our What Business Should I Start seminar (linked) once you’ve attended the Start Smart! seminar.
Click Here to View our Current Calendar of Workshops
Meet with one of our SBDC Counselors
After you have attended our "How to Start a Successful Business" Workshop you may be eligible to meet with one of our SBDC Counselors who can help you with:
* Business Planning
* Preparing to Apply for a Commercial Loan
* Market Research
* QuickBooks Setup and Training
* Business Appraisal for Buying or Selling
* Selling Online and Website Analysis
* Selling to the Government
* Financial Health Checkup of your Business
* Going Green
* Selling Internationally
* And...more.
You will be asked to Complete a Request for Counseling form
Build a Business Plan with Cash Flow Projections
You will find that all business startup activity begins here. An SBDC Entrepreneur small business counselor can help you understand the process. Once you are finished or nearly so, have your business plan reviewed by one of our counselors for some valuable templates.
Please click on each link and "Save file" on your computer.
Los Angeles Business Resource Guide
Business Plan Narrative Template
Start-up Expenses spreadsheet
Monthly Profit and Loss projections spreadsheet
Monthly Cash Flow Statement spreadsheet
Monthly Sales Forecast spreadsheet
Break Even Analysis spreadsheet
Financial History and Ratios spreadsheet
Opening Day Balance Sheet spreadsheet
Meet with one of our Counselors to review your business plan and projections.
Obtain an EIN: Employer Identification Number
If you will be paying wages to one or more employees, or if your business is a corporation or partnership, you are required to have an Employer Identification Number (EIN). The EIN is a nine digit number issued by the IRS to identify the employer by their tax account. *If you intend to incorporate your business, you should not complete the EIN Application until you have filed Articles of Incorporation or reserved a company name.
Contact the Internal Revenue Service for an employer identification number. Online is the easiest way to obtain the number and takes about 10 minutes.
Online EIN Application
Visit IRS website
Obtain a Sales/Use Tax Number
Contact the California State Board of Equalization regarding State sales and use tax collection. Some service companies do not pay sales tax, but they can give you the final answer depending on the type of your business.
Visit California Board of Equalization
Sales/Use Tax Information
Obtain a City and/or County Business License
Contact city and county officials for local permits to conduct business. It is extremely important you do not overlook local requirements. Contact both municipal and county authorities to determine local requirements.
Click Here to view a list of cities and business license information
Join Your Local Chamber of Commerce
Membership has many advantages for small business. Contact your local chamber for details and don't miss out on a tremendous marketing opportunity by joining you local chamber.
Click Here for a list of the Chambers of Commerce located in our area.
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