According to the 2018 Small Business Profile from the U.S. Small Business Administration, small businesses make up 99.9% of businesses in the country — about 30.2 million in total. Those businesses employ about 58.9 million people, or just under half of the American workforce. If you’re an entrepreneur with a great idea, you may already be well on your way to becoming one of those job creators.
That said, starting a small business isn’t always a straightforward and easy process. From establishing your business structure to getting funding for your new company, there are a number of important steps to take when starting a small business. Thankfully, there is a tried-and-true method for getting your new small business off on the right foot, and there are plenty of helpful resources to keep you on-track.
If you’re getting ready to open a new business but you aren’t sure where to start, check out the step-by-step visual guide below. The Deluxe team is here to help you make the most of your time, energy and budget when starting your business. And if you need inspiration, check out these successful small business owners.