Chapter 1: Initial Startup Considerations
Whether you are creating a new business or relocating an existing one, you will need to know the requirements to operate a business in Washington, DC. If this is your first business venture in our nation’s capital, there are a number of factors that you must consider. This chapter will take you through the basic steps of starting a business in the District.
Basic Steps to Create or Relocate Your Business in DC
What are you selling? Who are your customers? Who is your competition? How will your business make money? How will you finance your business?
Selecting a Location:
Where are your customers? Where will you operate your business? How much space do you need? What are the zoning requirements?
Making Your Business Legal:
What business structure will your company have? What kind of licensing or registration requirements will you need? What tax forms do you need?
Financing Your Business:
Will you need a business loan? Do you qualify for a loan? What are the sources for financing? What financial incentives are available for your business based on your industry, location, or services?