Unfamiliarity with business set-up and lack of professional help from a reliable CPA firm may feed your fear of starting a small business in Nashville, Tennessee. Potential entrepreneurs, however, do not need to think twice if they have capital, a clear target market, a good business model, a good location, and suitable Nashville CPA support, as the latter can explain and assist in the financial and management sides of the business.
Basics of Small Business Set-up in Tennessee
The Tennessee Department of Economic and Community Development provides seven steps in starting a small business. First, choose a name using the Tennessee Secretary of State Office’s tool, “Business Name Availability.” Second, determine the legal structure of the business, such as Sole Proprietorship or a Company, as the type will determine liability and taxes. Read more on this article:
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