How to Start a New Business in Georgia

Open a business in Georgia

Setting up a business in Georgia requires certification and registration of business. The process is regulated by local government and the Georgia Secretary of State. Starting a new business in Georgia requires a few steps that can be conducted by personal research or through the hiring of a qualified attorney.

Instructions

1. Research the type of business you want to open. Look for market trends in your area. Evaluate the demand and supply for products and services in your area. Complete a business plan that consists of business name, company information, financial information, market research and general information. Secure funds from the appropriate financial institutions or individuals.

2. Find a location for your business. Consider an area with a high traffic count such as a busy intersection. Conduct market research in the area. Consult with the Georgia zoning department to see if your location complies with state regulations.

3. Select a business name and register it with the Georgia Secretary of State. Notarize your application before submitting it. Determine the legal structure of your business such a sole proprietorship, general partnership or limited liability corporation. Georgia law requires you register with the Georgia Secretary of State if you do not plan to use your personal name for business.

4. Apply for your federal identification number. This number can be received from the Internal Revenue Service. Register for your Georgia state and local taxes as one or more tax identification numbers might be needed.

5. Apply for your business license through your local Georgia county. Contact your local government office about additional licenses or documentation that might be needed for your business. For example, a liquor license would be obtained through the Georgia Alcohol Tobacco and Firearm department.

References

• "State of Georgia": Facts and Questions
• "SBA": Small Business Planner