How to Start a Small Business in Greenville, South Carolina
With a population that has grown steadily over the past 20 years, the opportunity for small businesses to serve the 440,000 residents of Greenville, SC has increased as well. However, with small business owners facing a 50-percent chance of failure within their first year, it can be a risky endeavor to do so. Knowing how to properly launch a small business in this town can make the difference between making it to year two or not.
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Instructions
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Registration
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Obtain and complete form Form SCTC-111, the business tax application, to officially register your small business with the state. This can be found on the South Carolina taxation Web site or by calling the forms office:
www.sctax.org
803-898-5599 -
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To start a retail business, you must apply for an additional retail license. If you have or plan on having more than one location, each one must have its own license.
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Apply for a specialized license if any of these apply to you:
-- Admissions Tax License
-- Alcoholic Beverage License
-- Bingo License
-- Tobacco Manufacturers', Distributors' and Wholesalers' Licenses
-- Coin-Operated Device License
-- International Fuel Tax Agreement Permit
-- Gasoline Dealers, Special Fuel Suppliers and Seller Users Licenses
-- Soft Drinks License
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Tips & Warnings
Register with the Better Business Bureau in the upstate for guidance on opening a small business. You'll also be able to meet other business owners in the area. The bureau will have all of the legal and tax information that is relevant to the area.
The Clemson Regional Small Business Development Center is another asset for new small business owners. It provides training and information sessions, as well as meet-and-greets for local business owners.
www.upstatesc.bbb.org
www.clemson.edu
References
- Photo Credit business image by peter Hires Images from Fotolia.com
