Where these steps come from
Steps 1–10 follow the SBA’s 10 steps to start your business. Insurance is part of the SBA’s launch guidance. Country links go to GOV.UK, the Canada Revenue Agency and Canada.ca, the Australian Taxation Office, the Australian Business Register and business.gov.au. Rules change, so always check the official page before you act.
Need detail? Read how to start a small business or starting a business in the UK, Canada or Australia.
Frequently asked questions
What are the steps to start a small business?
The SBA lists 10: market research, business plan, funding, location, business structure, business name, registration, federal and state tax IDs, licenses and permits, and a business bank account. We add insurance and bookkeeping, which the SBA also covers in its launch guidance.
Do I need to register my business?
In most places, yes, though rules differ. In the US it usually means registering with your state; in the UK sole traders register with HMRC and companies with Companies House; in Canada it depends on your province; in Australia you apply for an ABN and register a business name if you use one.
Is an EIN free?
Yes. The IRS issues EINs free of charge. The SBA warns not to apply on websites that charge a fee.
Is my progress saved?
Yes, on this device only. Each country keeps its own ticks.