Starting a business may seem like a daunting task. It does require planning and preparation, but it does not have to be overwhelming. The U.S. Small Business Administration recommends that you following the following steps if you are interested in setting up a business in the U.S.:

  1. Write a business plan. Check out some Business Plan Templates.
  2. Attend business assistance courses and training. Many of the courses are free. Make contacts with UK Trade & Investment.
  3. Choose where you are going to locate your business.  Find out from here.
  4. Obtain financing for your business. In addition to bank loans, there are government-backed loans and grants that you may be eligible for. Check out the US Small Business Administration.
  5. Decide on the legal structure of your business – sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, non-profit or cooperative.
  6. Register your business name with the state you are located in. Check out the forum.
  7. Obtain a tax identification number from the IRS and your state revenue agency.
  8. Register for state and local taxes.  For more information, visit the UK companies house registering in USA.
  9. Obtain any business licences and permits that are required.
  10. Understand how to hire employees and what responsibilities you have as an employer.