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How to Start Your Own Business in the US

You have come up with an idea for a business but the question remains, how to start your own business? In the US there are a number of procedures that you are required to follow to ensure that you remain within the law. Whilst none of these steps are particularly complicated it is a good idea to do some background reading on each of them to ensure that you have a good grasp of the topic and do not fall foul of the US authorities as if you do you may open yourself up for financial penalties that any new business could do without.

When you ask the question how to start your own business you may be thinking about what forms you need to fill in, however you firstly need to start at the beginning and in most cases this is writing a business plan, which maps out what your business is about, how it is structured and the financial aspects of your business. The reason this is the first step is because you should quickly be able to see (if your business plan is comprehensive) whether your business has a chance for success.

You should now consider the finance behind your business. If you do not have adequate finance you will likely struggle to start your own business. Friends, banks and private investment are likely the areas you’ll be looking at for finance. Finding private investment in the US can be made easier if you have a comprehensive business plan and you will need to show this to your investors. Also, some private investors or angel investors specialise is specific industries and are likely to be interested in your business if you have this synergy.

You will also need to consider the legal structure of your business. There are a variety of options that may be appropriate from sole proprietorship, partnership, corporation, non-profit, LLC or even a co-operative. You should spend some time researching the options available to you. Registering your business name with the state government is also another step that you will need to complete. Finding a business name can be difficult, but choosing the right business name is important, especially if you are going to operating in a consumer facing market.

Taxation and legislation is the next important steps that you will need to work through when you want to start your own business. You will need to register with your state to obtain a tax identification number and also workers’ compensation, unemployment and disability insurance. You’ll also need to obtain the relevant permits and business licenses, whether those are federal, state or local licences and permits. You’ll also need to consider employer responsibilities if you are looking to take on staff for your new business.

Once you have researched and completed these tasks then you should be well on your way to understanding how to start your own business.

Investors - Browse through various US business start-up investment opportunities.

Entrepreneurs - Raise funding for your new business start-up in the US.


Latest Investors

United States > Florida

$500,000 to $2,000,000

July 29, 2010

Private investor, seeking greentech companies with a track record and growth potential.

United States > Missouri

$10,000 to $100,000

July 29, 2010

US investor with new preference to Midwest companies.

United States > Ohio

$1,000 to $50,000

July 27, 2010

Ohio based business growth strategist, investor and change-agent. Wisconsin alum; Married; mid-40's; Christian. Looking for investment, advisory and possibly hands-on opportunities with passionate, socially-conscious entrepreneurs or investor groups who are interested in expanding and growing their businesses to impact the world in ways beyond just commerce. Strong cross-functional, cross-industry experience & generalist business skills gleaned from small biz start-ups to the merger and integration of several large corporate acquisitions. Particular expertise in market strategy and execution, establishing strategic alliances, sales growth and messaging. Currently own 3 businesses and am in process of starting a not-for-profit. Primary business is a 4-state region (OH, IN, MN, WI) of a global business coaching company. Well connected throughout my region, nationally and internationally.

United States > Florida

$100,000 to $1,500,000

July 24, 2010

Accredited investor, business owner located in South Florida. Particular interest in recycling green tech areas.

United States > New York

$50,000 to $5,000,000

July 24, 2010

I am a middle market private equity investor with 10 years of private equity, corporate finance, and corporate strategy/development experience. I have an MBA from Wharton and am a CFA Charterholder. I am looking for personal (i.e. separate from my PE firm) investment opportunities in small, existing, proven businesses that I believe have the potential to achieve substantial growth (and, in 3-5 years, be sold to a PE firm like the one I work for or to another acquirer). I have significant experience helping companies develop and execute growth strategies, and I have existing relationships with a number of lenders and advisors/consultants who are proven at helping smaller companies grow and succeed. I am primarily focused on companies that have existing managers (or where managers can be recruited) to run the company on a day-to-day basis, while I provide Board-level advice/guidance/support. For the right opportunity, I would consider taking on a full-time leadership role.

United States > Florida

$10,000 to $100,000

July 20, 2010

Investor looking to invest in existing service and retail businesses looking to expand through acquisitions or branching out.

United States > Illinois

$5,000 to $20,000

July 19, 2010

Private investor Interested in new ideas for investment.

Australia > Sydney

$250,000 to $1,000,000

July 15, 2010

Company principals have deep experience in strategic advice working primarily to expand concepts using innovative expansion straegies.

United States > Ohio

$10,000 to $150,000

July 15, 2010

I am formerly the CIO of an international network of laboratories. I am looking for investment opportunities and cooperative arrangements that are compatible with some of my current investments. In certain partnerships, I would be willing to consider a senior management role along with equity participation.

United States > Ohio

$50,000 to $2,000,000

July 14, 2010

Ohio based, retired 43 year old serial entrepreneur and individual investor looking for investment opportunities in new / existing product or technology start-up and/or growing businesses. Past experience includes start-up / acquisition of more than 10 businesses including contract manufacturing, design & build automation equipment, engineering services business, MRO supplies distribution, Speciality capital equipment & software and more. Management experience includes sales, marketing, operations. Professional resume includes Senior Commodities Buyer for $ 800M Electrical Distributor, Director of Purchasing & Materials Management for $ 50M Can Making Equipment OEM, President for 10+ personally owned businesses and most recently, President of a large multi-national equipment and software manufacturer wtih offices in 38 countries. Looking for dynamic opportunity. Candidates must demostrate that they have done their homework before presenting their concept.

United States > Pennsylvania

$10,000 to $500,000

July 10, 2010

I am a retired 53 year old business executive with an engineering and manufacturing background. I was president and CEO of an engineering intensive manufacturing company based in southeastern Pennsylvania. I also have extensive startup experience and manufacturing contacts both domestically and in China. In addition to funding I can offer engineering design, manufacturing and business experience. I am an individual investor and would expect to have a hands-on or advisory role in any investment made. My undergraduate degree is in mechanical engineering from Drexel University and I hold a graduate degree in business/engineering from the Wharton School at the University of Pennsylvania.

United States > Illinois

$50,000 to $500,000

July 7, 2010

I am a professional investor with 10 years experience on US market . I started as investment analyst. I was a successful broker of one of the largest futures trading companies . Now I am a CTA , owner of business .

United States > Georgia

$500,000 to $10,000,000

June 30, 2010

As a pure Finance house, we know what investors want from us: to help them achieve their investment objectives by delivering performance that meets their expectations. Every investment decision we take has a direct impact on our clients. That is why we have structured ourselves with empowered decision- making at the heart of our business. Our fund managers are organised into compact, nimble teams, able to take decisions . Decisions are taken in a considered way – mindful of the risks yet alive to the opportunities.

United States > California

$1,000,000 to $1,000,000,000

June 30, 2010

We are a boutique private investment firm managing companies that raise money for select real estate, hotel, casino, business, technology, energy, marine, and entertainment projects, worldwide, exclusively through direct private placement with our investors. The fund raising process is straight-forward, transparent, very low cost, and essentially risk-free. We presently have over a billion dollars of registered investor capacity.

United States > Florida

$500,000 to $5,000,000

June 29, 2010

Strong Investment International, LLC is Florida RE Investment Group with principals from Russia. As of today we have in our residential portfolio more then 50 Single Family Houses and Duplexes in Florida. All of them are like new 3-5 years only and are free & clear. We buy them directly from the banks, repair and are renting out. We also have in our portfolio some shopping plazas and self- storages. Currently we are looking for opportunities to build our ALF, Medical Buildings and Apartment Buildings portfolio in USA.

United States > Ohio

$2,500,000 to $12,500,000

June 26, 2010

I am married and located between Columbus and Dayton Ohio and I own rental properties and a high end Rural Estate Development. As a business owner I take a collaborative approach and remain involved every step of the way if needed. My skill set includes sales and marketing, small business start-ups from initial concept, logo design, business plan, marketing and sales. I am comfortable presenting and speaking to small groups or large audiences. I have excellent contacts across the US, an open mind and playful spirit. As an individual investor I am willing to discuss the role I might play according to the ideas presented. I can bring other investors if the idea "blows me away," and I prefer working with people who "think outside the box." Bring it on and lets make money.

United States > Illinois

$5,000 to $250,000

June 26, 2010

A financial and management consultant turned investor looking for growth and income. I have access to a group of 5 other investors if the opportunity matches what we are looking for.

Italy > Rhode Island

$25,000 to $150,000

June 24, 2010

I have been an Entrepreneur since the early 1990's. My field of experience began in the Manufacturing industry, and then moved into Property, and hospitality. I built my first hotel in Jakarta in 2005. Over the years, the Indonesian Government praised me with a few awards: "The Entrepreneur Award 2002" and "The Professional Award 2004". I am also a writer, and about to publish the first of my 2 books. I was married for 5 years, and then divorced in 2009, and my son is in my custody. As an individual investor, I am always driven to explore new opportunities, and I am always very strict on avoiding risk by making sure my investment is covered with some solid guarantees. Looking forward to producing some profitable denouements.

India > Bangalore

$500,000,000 to $1,200,000,000

June 22, 2010

Founded in 1992, Stone Arch Realtors is a 18 year old company in the Real estate business in Bangalore, India. It has made its mark by going beyond the conventional aim of selling apartments/township projects and has developed expansion plans to pick up projects in other states in India and even in other international countries. Good proposals on Residential project are welcome for our consideration.

United States > Missouri

$10,000 to $200,000

June 18, 2010

J.D. Harvard Law School '89, B.S Mechanical Engineering SMU '86. Started, owned and operated several small businesses over last 20 years. Individual investor looking to help other entrepreneurs with great ideas and work ethics meet their potential while making a solid return on my investment.



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