Starting and running a business requires navigating federal, state, and local legal requirements, from choosing a business structure to obtaining licenses and registering your company name. The first steps involve ensuring compliance with government regulations, securing an Employer Identification Number (EIN) from the IRS, and understanding your tax obligations.
Government Support and Funding
Federal agencies like the Small Business Administration (SBA) provide resources for entrepreneurs. Businesses facing disasters can choose between FEMA grants versus SBA disaster loans. Minority-owned businesses benefit from MBE certification and Economic Development Administration support. Agricultural entrepreneurs access USDA grants and loans, while small employers use SHOP health insurance.
Intellectual Property and Trade
Protect innovations with patent applications, provisional patents, and trademark registration. Exporters check export licenses, tariffs, trade missions, and U.S. Commercial Service. Comply with Made in USA labels.
Regulation and Challenges
Stay informed on AI regulation, platform rules, deregulation, and its history.
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