CONSULTING
BVSBDC Provides SBA Guaranteed &
Conventional Loan Assistance to New
and Existing Businesses.
LOANS
BVSBCD Provides Low-Cost Business
Seminars & Workshops to New and
Existing Businesses.
WORKSHOPS
BVSBCD Provides Low-Cost Business
Seminars & Workshops to New and
Existing Businesses.
STARTING A BUSINESS
To establish a business in Bryan/College Station
- Decide on a legal structure.
- suggested reading: Choosing the Business Legal Structure (PDF)
- Conduct an analysis of personal costs and living expenses.
- Determine if the business will be successful and how long it will take to reach break-even.
- Complete the business plan and financial projections.
- Prior to taking the plan to the bank, allow an SBDC counselor to take one final look to ensure that there are no issues that could jeopardize the loan package.
- Work with the bank and obtain financing.
- Either conventional or SBA guaranteed.
- Register with the Secretary of State, if incorporating your business.
- Obtain an Employer Identification Number, for all legal structures except a sole proprietorship without employees.
- Federal Form SS-4, available online: www.irs.gov
- Contact the Texas Workforce Commission for unemployment taxes, if you will have employees.
- Register your business name with the County Clerk.
- Assumed Name Certificate (also called a DBA - "Doing Business As")
- Ensure liability and any other insurance policies are arranged.
- Ensure any zoning issues are adequately addressed.
- Check with the Comptroller of Public Accounts to ensure provisions are made for payment of any sales tax that may be applicable to your business.
For further study, please see the Texas Roadmap, and the Getting Started Guide. Both are in PDF.
