How To Start A Business In Michigan
Open a Business Bank Account.
How to start a business in michigan. Starting a Business in Michigan Simple Step-by-Step Guide. If you need assistance please contact the payeevendor file staff at the Department of Management and Budget Office of Financial Management at 517 373-4111 or toll free at 888 734-9749. The information on this website is for general information purposes only.
Successful businesses are built through careful planning. File the correct paperwork with the Michigan Division of Corporations called Articles of Incorporation. Elect S-Corporation status with the IRS by filing IRS Form 2553.
Your next major task is going to be registering your business with. To separate your finances youll need to open a business bank account and credit card. Select a Business Entity.
The MEDC has developed a guide to assist businesses in the process of getting started. Only Michigan residents can start a small business at first Prospective small business owners who want to grow on a small scale with a Class A grow license or start a microbusiness dont have to. You can get your Unemployment.
Select a business idea. First and foremost you should check with your local zoning official to make sure your idea will be an allowed use in your township or city. Steps to Register a Business Name in Michigan.
Obtain a FEIN. Register a Business Name. An LLC will offer you added benefits and extra advantages.