Starting Your Business
Starting a business is easier when you have a process to follow with milestones, checklists, and other information to guide you. The information you can access here serves as a blueprint:
First-time business registration, business name availability, and list of fees, visit the OneStop Online Business Registration site.
If OneStop Business registration doesn’t answer your questions, please visit the Utah Department of Commerce for more information. Also visit them for business name changes, licensing questions, and updating business information.
For grants questions, please contact your local Business Resource Center.
Here’s a directory of state agencies.
If you are a new or existing small business, the Utah Small Business Coalition will help you access critical services offered by non-profit and public entities.
Visit GOED’s calendar to see the latest entrepreneurship training and networking events.
Doing Business in Utah Reference Guide
The “Doing Business in Utah” publication provides information and instructions on how to start a business, regulations that need to be complied with, sources of assistance and much more. Although it is a step-by-step guide for new business owners, existing business owners may also benefit from this information and are encouraged to use this publication.
This booklet contains information on various local, state, and federal guidelines. However, due to the variety of business structures and natures, no one business will need to follow all the requirements.
Please review the material carefully so you can assess and identify which local, state, and federal requirements are necessary for your business.
The booklet describes seven key steps. Click the links below to go to the specific chapters.
Step 1 – Assess Your Business Idea: This section covers self-evaluation and a checklist for starting a new business, including 1) successful characteristics of a feasible idea, 2) protecting your idea with trademarks, patents and copyrights, 3) acquiring a business, and 4) general information such as business workshops.
Step 2 – Prepare a Written Business Plan: This section includes 1) securing an advisory team and professional services, 2) finding sources of assistance (local organizations), and 3) dissolving or terminating a business through sale, shut-down or bankruptcy.
Step 3 – Finance Your Business: This section has information on sources of capital including commercial bank loans, revolving loan funds, venture capital funds, Utah Ventures, U.S. Department of Agriculture – Rural Development, U.S. Small Business Administration (SBA), Utah Microenterprise Loan Fund, Utah Technology Finance Corporation (UTFC). and public offering of securities.
Step 4 – Select Your Business Structure: This section covers business structure options including Sole Proprietorship, General Partnership, Limited Partnership, Business Corporation, S Corporation, Professional Corporation, Nonprofit Corporation, and Limited Liability Company.
Step 5 – Local Government Requirements: This section covers general information on local business licences, local tax registration, and home-based businesses.
Step 6 – State Government Requirements: This section covers information on the Division of Corporations and Commercial Code, Division of Consumer Protection, Utah State Tax Commission, Utah Department of Workforce Services, Utah Labor Commission, and Department of Environmental Quality.
Step 7 – Federal Employment and Tax Information: This section covers information on the U.S. Citizenship and Immigration Services (employee verification), Internal Revenue Service (IRS), U.S. Department of Labor (including Americans With Disabilities Act), and due dates for State and Federal tax returns and other reports.
Help is here across a wide spectrum of services for new and emerging businesses.