Step-by-Step Checklist to Start a Business in Tullahoma, TN
1. Develop a Business Plan
- Outline your business objectives, target market, financial projections, and marketing strategies.
2. Choose a Legal Business Structure
- Decide on a business structure, such as a sole proprietorship, partnership, LLC, or corporation.
- Register your business entity with the Tennessee Secretary of State.
3. Register Your Business Name
- Ensure your desired business name is unique and register it with the Tennessee Secretary of State.
4. Obtain an Employer Identification Number (EIN)
- Apply for an EIN through the IRS for tax purposes.
5. Register for State Taxes
- Set up necessary tax accounts with the Tennessee Department of Revenue, including sales tax and franchise & excise tax accounts, if applicable.
6. Apply for a City Business License
- If your business has a gross income of more than $3,000, you are required to obtain a City Business License.
- Applications can be submitted online or in person at City Hall.
7. Obtain a County Business License
- Apply for a business license through the Coffee County Clerk’s office. The initial cost is $15.
8. Check Zoning Regulations
- Verify that your chosen business location complies with local zoning laws.
- Contact the Tullahoma Planning and Codes Department for assistance.
9. Secure Necessary Permits
Depending on your business type, you may need:
- Building Permits
- Sign Permits
- Plumbing Permits
- Special Event Permits - Applications can be submitted online via the Citizen Portal or in person at the Building Codes office located at 321 North Collins Street.
10. Set Up Utilities
- Contact the Tullahoma Utilities Authority to establish utility services for your business location.
11. Comply with Health and Safety Regulations
- If your business involves food service, childcare, or other regulated activities, ensure compliance with relevant health and safety standards.
12. Open a Business Bank Account
- Separate your personal and business finances by opening a dedicated business bank account.
13. Obtain Business Insurance
- Consider obtaining appropriate insurance coverage to protect your business assets and operations.
14. Stay Informed and Connected
- Join the Tullahoma Area Chamber of Commerce for networking opportunities and additional resources.
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