Starting Your Business
Nothing in the business world is better than a numbered ‘to do’ list to get things done. Here’s how to start your business.
1. Talk to Your Local Small Business Center.
They can help give you expert advice on tax liability, city fees, and choosing your business structure. Area leaders to contact include:
- Washington - Business Resources
- City of Gresham - Small Business Center
- Beaverton Chamber of Commerce - New Business Guide
- Portland Business Alliance - Business Resources
- SBDC Oregon- Find Your Local Center
- State of Oregon - How to Start a Business in Oregon video series
2. Register for Your Employer ID Number (EIN).
You will use this number for nearly everything, including local and state business licenses, paying your taxes, and opening your Rivermark business account.
3. Register with the State.
Both Oregon and Washington require registration. In addition, some cities require a business license and other fee-driven documentation. Your Chamber of Commerce or business alliance can help you determine if your city has these fees.
4. Open your Rivermark Business Account.
In addition to giving your business a financial structure, this will help separate your personal finances from your business.
5. Plan your Taxes.
Visit the Electronic Federal Tax Payment System® (EFTPS) to set up your tax payments from your Rivermark account.
Looking to scale your business?
Trust Rivermark's Business Accounts for secure and efficient financial management. Our resources are designed to help your business thrive. Join us today, and let's grow together!